Seriously @Camdenbob - that question has been asked and answered at least a couple of times on these threads .....once at least by me. The answer is that we have clearly exhausted our 15% & 10% annual limits for raising capital .....so the ASX has at least taken the minimum view to wait until the shareholder's chips are played at the AGM in so far as the voting is concerned. Now I also mentioned in some detail as to what HDY should do in this instance which will also in-turn have some bearing on how much longer we continue to be in suspension.
You see it's all a game , and so long as you play by the rules you will continue to see the light at the end of the tunnel. In many ways the ASX has done us all a huge solid .......in that due to this lengthy delay and the scrutiny it has brought to the Sub holdings , control and subsequent voting rights. The best we can probably expect is that any Cap raise will be at least on equal terms as the Subs which is .004 cents. So that should assure if everything goes right and above board a 33.33% minimum pump and then some on our re-listing debut......
So the only thing I will be putting my hand up for is more stock when and if it becomes available.......
HDY Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held