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2.33%

4.4¢ hammer metals limited

you do realise that it's better to have a small part of...

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sammon

614 Posts.

49

09/02/24

23:28

Post #: 72334633
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Originally posted by patricus: ↑

Q at 30:50 - any capital raise at these levels would very seriously dilute shareholder value
A at 30:55 - "It is a question I face every day ... since 2019 Management has contributed 2m in capital" (no recognition of management's self-awarded shares) ... markets, blah, "we need these systems deliver better grades" - spot on!
"Key is raising capital at a fair price"
35:06 "There is a sense that a capital raise is not something we find highly attractive at all, we will continue to deliver with the funds we have".

It is going to be critical going forward that Dan keeps his word and not only avoids a capital raise and finds alternative funds but starts to deliver - especially the better grades.

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you do realise that it's better to have a small part of something big rather than a big part of something small don't you?

business is all about cash flow so if we get diluted so be it.....pretty simple stuff pat

HMX Price at posting: 3.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.4¢		Change 0.001(2.33%)		Mkt cap ! $39.00M

Open	High	Low	Value	Volume
4.3¢	4.4¢	4.3¢	$817	18.74K

Buyers (Bids)

No.	Vol.	Price($)
1	101870	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	420000	3

View Market Depth

No.	Vol.	Price($)
1	101870	0.043
2	41928	0.042
1	100000	0.041
1	125000	0.040
3	470000	0.039

Price($)	Vol.	No.
0.046	420000	3
0.047	825968	2
0.049	290388	2
0.050	126666	2
0.051	74299	2

Last trade - 15.47pm 03/05/2024 (20 minute delay)


Last 4.4¢			Change 0.001 ( 2.33 %)
Open	High		Low	Volume
4.4¢	4.4¢		4.3¢	72916
Last updated 15.47pm 03/05/2024 ?

HMX (ASX) Chart