HRR 1.69% 5.8¢ heron resources limited

The SPP was pointless and counterproductive It didn't allow...

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  1. 36 Posts.
    The SPP was pointless and counterproductive

    It didn't allow current shareholders to ameliorate their losses to any meaningful extent. The money it raised for the company was unneeded and immaterial

    All it achieved was capping the shareprice for the foreseeable future as PO'd subscribers sell down their allocations for minuscule/zero profit

    Meanwhile, any positive company announcements or appreciation in Zn is treated as a liquidity event and sold into
 
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