Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from Hawsons Iron Ltd ( (AU:HIO) ).
Hawsons Limited has issued 126.25 million fully paid ordinary shares at $0.016 each to sophisticated and professional investors under its placement capacity, bolstering its capital base without the need for a prospectus-style disclosure. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations under the Corporations Act, and stated there is no excluded information requiring disclosure, clearing the way for the newly issued shares to be quoted on the ASX.
The most recent analyst rating on (AU:HIO) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Hawsons Iron Ltd stock, see the AU:HIO Stock Forecast page.
More about Hawsons Iron Ltd
Hawsons Limited (ASX: HIO) is an Australian-listed resources company, with its shares traded on the ASX and capital typically raised from sophisticated and professional investors under standard placement capacities available to listed entities.
Average Trading Volume: 1,755,755
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$20.88M
Learn more about HIO stock on TipRanks’ Stock Analysis page.