(a)The HK listing will mean more shares sold- more dilution (b)Previous CR diluted shares albeit @ $1.50 sale price (c)Cash burn increasing getting closer to production (d)Although $68.7 mil in bank, last qtr burned $9.2 mil cash. (e)More shares mean less Earnings per Share (EPS)unless CR is put to increaseing NPAT & not simplt paying op costs. (f)Still speculative stock(no earnings yet) (g)The rest is sentiment & ASX May volitility.
Cheers Moorookamick
HUN Price at posting:
$1.46 Sentiment: None Disclosure: Not Held