TNC
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1.39% 3.7¢ true north copper limited

I noticed the same thing. Seems ridicules. The dilution here is...

  1. Au9999
    794 Posts.
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    23/05/24
    13:43
    Post #: 73975575
    I noticed the same thing. Seems ridicules. The dilution here is astronomical.
    Then looking at the below it appears they are taking on way more than they need. Forecasting $16M remaining cash pre exploration. Is this what they call "contingency". Seems to me they are grabbing as much cash as they can while they have the chance. I struggle to see how this is in the best interest of existing holders!

    https://hotcopper.com.au/data/attachments/6192/6192775-5507b97a666393a4fb6900a76ab2c98a.jpg

    TNC Price at posting: 7.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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Last
3.7¢ 		Change
0.001(1.39%) 		Mkt cap ! $31.95M
Open High Low Value Volume
3.6¢ 3.7¢ 3.6¢ $6.767K 185.7K

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No. Vol. Price($)
1 19250 3.6¢
 

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Price($) Vol. No.
3.7¢ 319211 2
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