A first strike in my opinion. Perhaps can we extrapolate from this, that deals are on and coming. A stretch I know.
Should that be the case though...then TSN will need to raise cash. They may borrow some ( hopefully without the use a credit note, unless it is an amamazing deal! ) Perhaps a deal with CX partners? (Who knows).
That aside, they will need to raise aswell.
So they will need to, and we can expect them to, push the share price up in order to do so. (After all if they do it at one cent they'll be fed to the wolves.)
So for example, lets say they can push the share price up to 0.025 over the next month or so on assumption that there will be some good outcomes for holders.
A couple of good announcements, and Jeff buys a bit of stock...that sort of thing.
Then raise at 0.021 perhaps with some attaching oppies maturity at 24months at say 5 cents?
Please take none of this literally.
I obviously do not know how or if this will play out and the above is just a bit thinking out loud.
That said, I'm hoping it is game on... and I think it is. Lord knows its time.
I'm very interested to hear others opinons.
Cheers D
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