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5.5¢ haranga resources limited.

Why would a company raise funds at an 80% premium? Stock can be...

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rich0man

262 Posts.

16

07/01/15

17:45

Post #: 14550086
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Why would a company raise funds at an 80% premium?
Stock can be bought at 1.2cents why bother with the new issue at 1.8 cents.?
If no one subscribes they (Golden Rain) increase their holdings from 19% t0 38.78% for 1.8cents per share and existing shareholders have their holdings diluted by 23.47%...
Is this smoke and mirrors ???
What is the end game for Golden Rain ??
Have never been part of an issue like this ... can anyone shed some light on this ???

HAR Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.5¢		Change 0.000(0.00%)		Mkt cap ! $2.954M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.5¢	$550	10K

Buyers (Bids)

No.	Vol.	Price($)
1	89	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	10000	1

View Market Depth

No.	Vol.	Price($)
2	5454	0.040
2	35429	0.035
3	180400	0.034
1	32290	0.031
2	250000	0.030

Price($)	Vol.	No.
0.044	14000	1
0.045	20000	1
0.053	50000	1
0.060	190328	1
0.070	42000	1

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