HGRAF. Next target $5.20 USD.

The reason for the dip yesterday is because they did a private placement for $20 million with only 2.7% share dilution. This scared some fools into selling. The offering book was filled in under 15 minutes with no upsize, mostly institutional buying, who then proceeded to buy on the open market pushing the price back up the following day.

This raise was actually bullish because now they're flush with cash and can fully execute on building out production capacity, regardless of whether we go into a recession. Raising now rather than later when market conditions could be worse is makes sense. Big derisking event.