Please consider upvoting the announcement if you think it is a good capital raise.
A few things I like:
- No Regal or LDA involved.
- The directors are putting in $250,000 of their own money. They are unable to trade when they want like we can. Therefore, I see this as a strong long term vote of confidence.
- Shareholders of all levels able to contribute the same as sophisticated investors.
- Option are a really good bonus - effectively doubles your upside over five cents.
- Enough money raised to see through the negotiations with strategic investors and get some BFS funding.
Please consider upvoting the announcement if you think it is a...
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Mkt cap ! $30.33M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 3.0¢ | $29.72K | 968.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 8 | 2874982 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 3.1¢ | 406890 | 4 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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| Last updated 15.57pm 24/05/2024 ? | |||||
| HIO (ASX) Chart |