my read is that AF has concluded that people are not buying into capital raising because they are concerned that if no money is raised they will loss it all. so the $1m is a stake in the ground saying there will be cash to keep TON going for a bit.
still going to be a tough ask unless share price increases...but like the AF approach. so we now have a leader prepared to buy on the market (at least on behalf of a find he controls). better than a leader that sells a few weeks after going on YouTube to pronounce there will be a good surprise for shareholders on the coming weeks and then goes missing in action IMO.
TON Price at posting:
3.3¢ Sentiment: None Disclosure: Held
