Considering the Chinese took a placement of stock when TNG needed an injection of funds, it was considered a excellent deal by all at the time 11 cents, like all current investors in TNG, you all have your set play, which you believe should be respected. I don't for a minute begrudge them for selling for a profit/gain, however their method for disposing of their holding is not which is usually taken by major shareholders. Offering to management for placement is normal one way to exist.
The fact TNG is trading in the high teens- low 20's represent an excellent opportunity for new and existing players to top up or start investing, we all know where to stock has been and will be when financing is announced, stop whinging or complaining, if you want a quick return or profit try Black Jack at Crown casino.
Cornerstone investor won't purchase on the ASX or thru brokers to buy shares, they will negotiate with Management to purchase newly issued shares to ensure the funds are available for TNG the Company to move forward.
Patience boys and girls, Patience!
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2 | 111000 | 0.046 |
10 | 1038539 | 0.045 |
1 | 227295 | 0.044 |
3 | 129175 | 0.043 |
Price($) | Vol. | No. |
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