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1.5¢ heramed limited

They need a minimum $3M, probably $5M. The problem is the market...

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Kirpa

414 Posts.

214

10/12/23

08:47

Post #: 71367590
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Originally posted by TheEndTimes: ↑

there was.hes gone.1 or 2 others might suffer the same fate.we’ll see.
the investment thesis hasn’t changed.the tech works, there’s a need for it but better, a desire for it.
Med tech stuff takes time.
the cash issue u refer to being a problem has happened because they continually try and thread a needle.waiting for news or funding to raise at higher prices.its not about can they get cash.people in this know that isn’t an issue.
I know it’s confusing for you but it’s not like ur magic beans play. $3M - $5M (with only 250M SOI) is enough runway to get some serious traction.
u need $100M with 3 billion shares on issue coming off a $60M MC
I know it’s hard for u to understand, I’m sympathetic to ur limitations but if u just tried a little bit harder u could be better a WAY better troll.

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They need a minimum $3M, probably $5M. The problem is the market cap is only $8M. Yes they can get cash but what sort of dilution given they need to raise 50% of the entire market cap.
The CEO had to go no doubt but the buck stops with the board. Ron W has presided over this entire debacle as Chairman. He did a great job at NAN and EMV but he was asleep at the wheel here.

HMD Price at posting: 2.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.5¢		Change 0.000(0.00%)		Mkt cap ! $9.498M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.5¢	$4.85K	323.3K

Buyers (Bids)

No.	Vol.	Price($)
2	236298	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	225403	2

View Market Depth

No.	Vol.	Price($)
2	236298	0.015
1	39214	0.014
1	500000	0.013
4	378411	0.012
1	45480	0.011

Price($)	Vol.	No.
0.016	225403	2
0.017	432215	2
0.020	213468	2
0.022	150000	1
0.025	8565	1

Last trade - 15.22pm 19/08/2024 (20 minute delay)

HMD (ASX) Chart