HRR 0.00% 4.5¢ heron resources limited

What's the future look like for Heron post-raising, page-3

  1. 4,921 Posts.
    lightbulb Created with Sketch. 213
    13x upside pre dilution

    fully valued its a 15c stock at best (it was trading close to this less than 12 months ago). It wont go that high until they are fully operational and have no hick ups along the way (thats unlikely)

    If they had done a better job financing it it could have easily been a 30-40c stock

    In fairness it probably should trade at about 10c but given most holders are under water and instos and strategics have their fair share, not sure who would be buying now
 
watchlist Created with Sketch. Add HRR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.