- " Capital raising structured to enable Triton shareholders to participate on the same terms as institutional investors, in advance of anticipated project milestones "
= rerate on its way
To issue 12c Dec OC strike options at effectively the same expirey time and price as exiting OB 11c Nov -
The new options TONOC should trade about the same price as the current TONOB
It says something about confidence of getting both in the money .
If it gets down to the in the money - the OBs are a cent better off , but a month shorter .
So it's curious why they offered a second almost identical series , than simply issue more of the same listed OBs .?
To prevent additional supply from knocking the price temporarily lower ?
These catalysts ahead ought to see us well over the previous trajectory 12c imo
20-30c ?
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Price($) | Vol. | No. |
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