Anybodies guess Sk1nman.
The sticking point is why issue a few, weeks out from a jorc, why so soon after bullion fx when that deals valuation maybe not built in, why when 8.9m is due in and why give away options 200% in the money to a select few.
Geez tnr hit 6.5c two days last week and today 9 sellers to 1 buyer and just 830k wanting shares, that is a reduction of 9m on the bid in one day and Tnrs biggest 1 day fall of 0.8c
The market has spoken sadly.
Still my shares are not for sale.
Ann: Proposed issue of Securities - TNR, page-75
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