The thing that also comes to my mind is that all the existing shareholders including top 20 are in the same position. I feel they will fight to be able to recoup some of the money. Remember it has been systematically sold down to 3 cents, has that every been investigated?
If the share was still 8 or 10 cents, a raise could have been completed at higher price .
A loan with interest payable and less shares issued would be a better result for all existing shareholders IMO
Ann: Update in relation to administration of True North Copper, page-9
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Last
35.5¢ |
Change
0.015(4.41%) |
Mkt cap ! $45.22M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 34.0¢ | $40.30K | 115.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25900 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 27914 | 3 |
View Market Depth
| Last trade - 12.18pm 24/06/2025 (20 minute delay) ? |
| TNC (ASX) Chart |