HRR 1.69% 5.8¢ heron resources limited

Which part? In my opinion, HRR’s capex raise was a disaster. It...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,407 Posts.
    lightbulb Created with Sketch. 249
    Which part?

    In my opinion, HRR’s capex raise was a disaster. It seemed at the time as though new cornerstones got a sweet deal. Existing institutional holders were also afforded an opportunity to avg down. But what about retail loyalists? What does that say about company priorities?

    But things didn’t turn out well for cornerstones either. Attributable, in part no doubt, to collapsing metal prices. But Heron’s failure to catch a bid in this recent rally suggests lingering concerns remain re the business model. Put simply, market sentiment re HRR stinks
 
watchlist Created with Sketch. Add HRR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.