TMZ 0.00% 0.5¢ thomson resources limited

Ann: Convertible Note Transaction Terminated and Placement, page-4

  1. 7,039 Posts.
    lightbulb Created with Sketch. 1355
    Can guarantee a lot of the insto's involved in the raise will get their shares at 4.1cents and flip them for anything above that amount and free hold the options in the hope they make any kind of money. It usually destroys the share price and has a massive overhang for a long time when issuing options.
 
watchlist Created with Sketch. Add TMZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.