HRR
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0.00% 4.5¢ heron resources limited

News: HRR Heron says record date for Ardea Resources spin-off to be Oct 6, page-7

  1. Tumbleroll
    3,495 Posts.
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    29/10/16
    22:21
    Post #: 20226842
    Do you gentlemen have a view on AGM Res 3? Seems like we're being set up for an equity raising of up to 25% of current shares and potentially at a significant discount. Considering the large amount of capital in the HRR treasury, and availability of debt financing, I wonder if such a heavy dilution is in the best interests of current shareholders. Thoughts?
    HRR Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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