TTT 4.71% 8.1¢ titomic limited

Ann: Entitlement Offer and Placement, page-8

  1. 21 Posts.
    lightbulb Created with Sketch. 3
    Yep, you're damned if you do take it up and damned if you don't

    @Bakmaam90 , careful of that revenue forecast, it says "equity accounted"
    I'm no accountant, but it sounds like a bit of mumbo jumbo to me.
    Definition: Equity accounting is a method of accounting whereby a corporation records a portion of the undistributed profits for an affiliated entity holding.
    Hmm.. not sure about that?
    Is that actual revenue in cash that the company desperately needs or something else?
    Also in the Tooling section of the preso they still have Neos mentioned and revenue likely to commence mid 2023 or to put it another way, right now! ("equity accounted" of course)
    A bit more clarification required from TTT on several fronts regarding actual revenue for the remainder of the year otherwise what happens around December when this latest 5 mill is spent?
 
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