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Hot Chili Limited

( ASX:HCH ) - Materials

News

Analyst Views

HCH – Macquarie rates the stock as Outperform

The company has announced a capital raising of $11.7m that Macquarie thinks will be a test of the Australian market’s appetite for small cap resources. Macquarie suspects the timing is driven by a desire to strengthen local ties ahead of infrastructure access negotiations and, in all likelihood, an expectation the copper price will continue to weaken.

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