Trading at lowest level since 3 Oct 2003. Com on all you TAW supporters where are ya?
Nov options are now only 4.5c in the money. Just "IF" TAW is trading below the 75c strike come expiry date the company will be in deep, deep, poo - they will not get the $11 mio odd from conversion that they will dergently need.
And will have minimal chance of rasing yet more capital from the market unless at a huge discount.
The TAW house of cards could be unravelling before your eyes.
But then again, TAW management are a very creative mob so one could reasonably expect some "good" news before the last card falls.
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Trading at lowest level since 3 Oct 2003. Com on all you TAW...
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