TPT 0.00% 0.9¢ tangiers petroleum limited

still early in trend, page-10

  1. 23,919 Posts.
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    sintrate

    Why does everyone keep mentioning the CR as some hindrance

    They previously raised $5M at 16c and the stock managed to hit 23c fairly quickly

    The market is already aware and expecting the additional $4M worth at 16c to be issued in about 2 weeks

    I would say the market has already priced the placement in, and $4M worth won't be enough to stop it reaching some of those lofty targets

    It traded over $2M worth today alone, so a $4M placement or 2 days worth of volume is nothing





 
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