TFC 7.42% $1.31 tfs corporation limited

Capital Raising, page-12

  1. 1,727 Posts.
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    I think this is key:

    "Funds raised were to increase direct ownership of plantations ($52.7 million) and general working capital."

    Maybe there is an opportunity that the company just had to capitalise on. Unfortunately shares will probably come lower as a result but that's just another buying opportunity if you believe in the business.
 
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