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4.55%

2.3¢ hexagon energy materials limited

What I forgot to say is one benefit of this type of issue is it...

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alecfra

3,637 Posts.

153

07/06/18

15:52

Post #: 33569383
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Originally posted by alecfra ↑

Todays issue should be no concern for despair.
MR strategy is to take advantage of the very high tech spec of the graphite that MIN will deliver.
He is very cockey and for good reason that he can elevate the returns very substancially as high as $30k/t.

Even if he averages half this the expected revenue is massive.
The issue is to sophisticated investors no doubt well tuned to future outcomes.
I imagine that once we clearly demonstrate to special G say 5 9s Signed offtake are waiting in the wings.

My previous experience in this type of placement (very similar to recent TMT) here the market was 36-7 prior to placement of similar relative weight at 30. On return substancial buying support can in and the traded 47 c now 45-6c.

This placement to a limited sophicticated investors could well see substancial follow up.

If it leads to offtakes for specialized G with lower time lines to production assured, then we are on a good thing and should lead to continuing progress and announcements
GLTA

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What I forgot to say is one benefit of this type of issue is it avoids a sell down normally associated with a share purchase plan as in LKE and N27 and KRC..all there were crucified....hope not here ..in for the long haul

HXG Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$24.45K	1.092M

Buyers (Bids)

No.	Vol.	Price($)
1	37	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	326201	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.024
2	386221	0.023
2	147000	0.022
5	1217500	0.020
2	54368	0.019

Price($)	Vol.	No.
0.025	498695	1
0.026	289259	4
0.027	396549	3
0.028	281127	2
0.029	50000	1

Last trade - 15.36pm 06/11/2024 (20 minute delay)

HXG (ASX) Chart