TNC
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0.00% 5.0¢ true north copper limited

The dilution is pretty bad - almost 2x as many shares on issue...

  1. SentryBox77
    1,045 Posts.
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    27/05/24
    09:36
    Post #: 74019557
    The dilution is pretty bad - almost 2x as many shares on issue after all this washes through. Tembo and Nebari have coughed up to keep this thing afloat basically - they obviously were backed into a corner. Not sure how the retail offer will go - it's seems likely the SP will trade below the offer price at some point in the short term future.
    TNC Price at posting: 7.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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