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1.26% $12.04 hmc capital limited

Ann: Shareholder Option Offer , page-4

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  1. luckymjohnson
    797 Posts.
    lightbulb Created with Sketch. 21
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    25/05/10
    11:20
    Post #: 6732215

    It seems to be the modus operandi of Martin Place Securities.

    A similar offer was made for Biotron (BIT).

    Some big questions on the offer:-

    It makes no mention of whether the directors intend to take up their entitlements.

    The offer is only to AU & NZ shareholders - what is the status of the large Chinese shareholder

    *if* they are successful in getting a lot of the options exercised this year, what will they do with the additional funds raised?
    HMC Price at posting: 3.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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$12.04 		Change
0.150(1.26%) 		Mkt cap ! $2.909B
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2 2190 $12.03
 

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Price($) Vol. No.
$12.05 1322 2
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