HER 0.00% 88.5¢ herald resources limited

TasGees mate you and i have done a complete role reversal on...

  1. 8,616 Posts.
    lightbulb Created with Sketch. 87
    Tas

    Gees mate you and i have done a complete role reversal on this stock over the last 18 months, I've become less enthusiastic (though still a believer), you've become a moderate supporter from a complete knocker LOL

    As for converting facility, no idea but i assume its something along the lines of 'we'll give you $30M US and in 5 years time you issue us with $40M US of shares'...

    But im only guessing...

    Silly thought, but if they are issuing $125M in shares, then that will MASSIVELY increase their market cap...to the point where managed funds (particularly index funds) will need to buy in??? hmm...

    Cdchi1
 
watchlist Created with Sketch. Add HER (ASX) to my watchlist

Currently unlisted public company.

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