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1.85% 5.5¢ tivan limited

capital raising, page-47

  1. used moggie
    894 Posts.
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    08/05/13
    10:54
    Post #: 11736990
    I am so sad to say, what I expected to happen, has happened, stock is going to 7 cents.

    I have just looked at the last quarterly

    cash 4.504m
    expected June quarter spend 1.600m

    So that means the company should have 3 million at end of June, why raise 1 million?

    something is not right!

    Is the market fully informed?

    UM
    TNG Price at posting: 7.7¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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