Notice, I said" I think". An opinion like anything said here, unless you are inside inner management circles. Neither you or I are in that inner circle. I was a share holder when the market cap was around quarter of a billion dollars, and little debt( until a few weeks ago.). Have a look at how many CR's/ rights issues, loans etc., have occurred since 2012. Is this company about to declare a profitable quarterly, how much is left in the bank and how much is left to be drawn down? Maybe a C.R will occur within the next 4 months, maybe not? This announcement may be bad, but I guess you will find out the severity today, and what consequences it may yield.
TGS Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
