ASX:A4NChemicals
A Look At Alpha HPA’s Valuation After Government Backed A$225 Million Equity Raise
Why Alpha HPA’s fresh equity raise matters now
Alpha HPA (ASX:A4N) has just completed a A$225 million equity raise at A$0.75 per share, anchored by government backed funding, to progress construction and commercialisation of its HPA First Project in Queensland.
See our latest analysis for Alpha HPA.
The discounted placement has coincided with a sharp 1 day share price return of negative 13.61%, taking the share price to A$0.73. The 1 year total shareholder return of negative 24.35% contrasts...