I would only be agreeable to the (dilution) proposal if there was a binding agreement by the company to the buy back and de-list those shares once the issue capital had done its job and there was cash flow. Thus ensuring that we get the phases underway as soon as possible, eventually getting a premium for the value of the shares, and creating return for the share holders. If the return from phase 1 is in fact in the order of the 600 million being suggested then $55 mil to buy back 11 million shares at $5 dollars (lets get a premium here!) in 2 years would certainly improve everyone's lot - even yours Mr Finch. It still leaves plenty of capital to build the 2nd phase, the company would have proved its viability as an ore producer and a debt instrument should be much easier to set up. Best of all the trust of the share holders would be restored.
- Forums
- ASX - By Stock
- TYX
- time changes everything?
time changes everything?, page-4
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TYX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.15M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $42 | 10.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 209917 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7302385 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 209917 | 0.004 |
9 | 11858581 | 0.003 |
13 | 12898947 | 0.002 |
6 | 11588888 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7302385 | 11 |
0.006 | 9185167 | 8 |
0.007 | 1433500 | 3 |
0.008 | 3586884 | 9 |
0.009 | 985200 | 4 |
Last trade - 10.09am 13/09/2024 (20 minute delay) ? |
Featured News
TYX (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online