TTT 7.89% 17.5¢ titomic limited

Ann: $25.5M Machine Sale Agmt with Global Defence Manufacturer, page-33

  1. 328 Posts.
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    I am beginning to think that this is tied in with CR.

    $0.8 X 15M Shares = $ 12M share value

    $25m sales minus $12m = $13m. Therefore, the Buyer is effectively getting a machine for free.

    Could be way off with that assumption however if I am proven to be Correct, then a Precedent has been set for future companies to use Options.

    Just my thoughts.
 
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