TVN 2.17% 4.7¢ tivan limited

Ann: Breakaway Research Update Report, page-24

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,036 Posts.
    lightbulb Created with Sketch. 253
    I think finance will be the next, and substantial, re-rate.

    PB seems optimistic about finance. However, the Breakaway Research note highlights the critical issue, that is, exactly how much dilution will there need to be to get finance?

    Breakaway are working on 60% of the company - hopefully that's pessimistic but I presume if someone lends TNG the best part of a $1billion then they will want a lot of equity as well.

    Any thoughts about what sort of dilution might occur?
 
watchlist Created with Sketch. Add TVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.