When the 100m shares at 15c/share to hit the market?
Total issued shares will be 234m, plus options, current market cap is ~$200m.
TNT is pleased to report that it has completed a strongly supported capital raising, having secured binding loan commitments for AUD$15M (Loans). The Loans will convert into fully paid ordinary shares at a conversation price of $0.15 per share, together with free attaching options on a 1:4 basis, exercisable at $0.25 each, expiring on the date which is 3 years from the date of issue.
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