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4.17% 2.3¢ heramed limited

It's very reasonable. TTT did a 1c rights issue (was trading at...

  1. Kirpa
    406 Posts.
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    11/12/23
    08:08
    Post #: 71375398
    It's very reasonable. TTT did a 1c rights issue (was trading at 6c). The 81% discount was reasonable and now trading at 3X the rights issue price.

    https://announcements.asx.com.au/asxpdf/20230626/pdf/05qzlx9s12w4ks.pdf

    Are you saying 1c isn't cheap enough to be attractive to current shareholders?
    HMD Price at posting: 2.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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