TNT 0.00% 13.0¢ tesserent limited

Ann: Completes placement to raise $25m, page-49

  1. 344 Posts.
    lightbulb Created with Sketch. 48
    Agree that the seller has the power to set terms eg percentage of cash vs shares. However, the main point is that when the acquisitions were announced they were supposed to be fully funded. Now additional cash has been raised to fund them.

    If the money/debt has been drawn from PURE, where is it?
 
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