TI1 0.00% 1.4¢ tombador iron limited

Ann: Placement, page-2

  1. 3,400 Posts.
    Congratulations SKYSCRAPER- You were correct at 1.2c - your prize is your entitled to participate in SPP at 1 :1 share held at a price of .015c

    lol

    OK jokes aside- this is good news in terms of a private placement at 1.2c which underpins the shareprice and puts a floor underneath this - secondary to that is this allows DVI to complete the acquisition of ibuynew as per the announcement !

    I now expect the share price to move back up as the dilution caused by the issuing of the shares is ok due to the fact that it was to purchase an asset- its different if it were to pay the bills

    IMO anything now under 2c is a bargain - well done to the savvy management team at DVI - im looking forward to the future

    JOB DONE!

    Cheers Schu
    Last edited by Schumacher: 12/02/15
 
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