TTT 13.7% 8.3¢ titomic limited

Ann: Update - Proposed issue of securities - TTT, page-39

  1. 2,805 Posts.
    lightbulb Created with Sketch. 531
    So a $1m Placement means $750k (or 75M shares) by a party/parties other than Dag Stromme's $250k (25M shares)..

    Is it strange we don't know who that is yet?.... or do we know and I just haven't seen?
    In the Completion of Placement and Institutional Entitlement Offer announcement they quoted Dag Stromme but didn't say where remaining investment is coming from?

    Here's a thought.... is it Repkon...!!
    Which would provide motive for and help explain this CR 80% discount.

    Im very interested to know as this whole scenario could be explained by TTT keeping their JV with Repkon alive and kicking.

    Repkon Investments so far
    $2.5M at 26c = 9.6m shares
    $2.2M at 16c = 13.75m shares
    with possibly
    $0.75M at 1c = 75m shares

    If it is Repkon it would give them 98.35m shares a 5.5c average !

    I know its a stab in the dark but it does make a little bit of sense to me ....
 
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