Hello Offchops... i tried to ask this earlier but got no feedback.
If 100% of attaching Options are exercised in 2 years time it will mean (1) SP is above 40 cents to make it an attractive option to Investors and (2) a further 34,600,000 Shares will be issued at 40 cents thereby raising another $13.8M
Then further to that if at June 2024 the full 17,300,000 Bonus Options are exercised at 60 cents meaning (3) SP is above 60 cents to make it an attractive option and (4) another $10.38 is raised.
In summary if "ALL GOES TO PLAN" and we consider 100% take up for current Placement and Options then by June 2024 Titomic SP will be somewhere between 60 cents and $1... there will be approximately 210,000,000 share on issue but will have raised $33.18M along the way not counting any Revenue from already announced TKF sales or future revenue generating business prior to June 2024.
Also I'm thinking they would have raised more this time around however were limited to by ASX rules as to amount they could go to.
Please put me straight if am wrong because I would love to know!!
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