TI1 0.00% 1.4¢ tombador iron limited

Ann: Restructure of Convertible Bonds, page-3

  1. 6,670 Posts.
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    0.009c was a good way of dealing with that issue.

    The massive wall of 3's started stepping up to 4's, and then started stepping up to 5's, and have now started nibbling at 6's.

    After the acquisition was announced previously, 6's were line wiped within an hour, before the ASX stepped in to "protect us".

    Hopefully, we could have a couple of good weeks ahead of us.
 
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