Whatever happened to that bet yesterday which someone involuntarily proposed, hm...
Always two sides to a coin.
Pros:
- A year ago we couldn't get a single dollar of funding, that's why we had to submit to the toxic CN, but now someone is willing to put up money to fund us
- No more toxic CN!!!
- Last AGM we voted on 10% placement (1.798B shares (most recent 3B) * 10% = 179M shares @ 1c = ~$1.79M)
- This funding should get us past revenue/breakeven (I hope...)
Cons/Unknowns:
- Who is this soph investor?
- Will this be a quick flip or a long term hold for the soph?
- What will be the price? If lower than current SP then we will most likely see a drop under or to match
- Potential dilution of upto 1.978B shares (excluding CN and options)
I may have missed some things, but that's all I can think of for now.
- Forums
- ASX - By Stock
- TV2
- Ann: Trading Halt
Ann: Trading Halt, page-14
-
- There are more pages in this discussion • 171 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 TV2 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online