Erode 33% of shareprice.
Need to raise capital when you're apparently running at over $70m EBITDA / year.
Dilute shareholders.
Introduce a bunch of underwriters onto the share register, who'll be dumping until they are off.
No dividend in sight.
And the mooted capital return - can anyone explain the logic of raising capital from shareholders, using up a chunk of it for "costs of capital raising + underwriting fees" and then returning some to shareholders?
And of course we'll want a pay rise because we've "grown" the company.
3 cheers for management.
Erode 33% of shareprice.Need to raise capital when you're...
Add HZN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $300.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $196.3K | 1.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1023434 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 669602 | 12 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |