"If you're worried about dilution - participate in the cap raise."
What a stupid thing to say. This might be possible if you hold 1/10th of f* all.
The dilution occuring here is MANY magnitudes larger than what would be reasonable to undo through participating in the cap raise. If your average is 30c plus or heaven forbid $1.00, it would require Huge amounts of buying now to minimize dilution. You could be getting diluted at share prices of 10-30X smaller than your average.
Ann: Hawsons Capital Placement, page-16
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.33M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 3.0¢ | $29.72K | 968.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2874982 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 406890 | 4 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
3.1¢ |
Change
0.000 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 3.0¢ | 3.1¢ | 3.0¢ | 685692 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
| HIO (ASX) Chart |