TFC tfs corporation limited
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re: Ann: TFS TO RAISE $37.9 MILLION VIA PLACE... well, l am not...

  1. LZA
    1,858 Posts.
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    09/03/11
    10:48
    Post #: 8021730
    re: Ann: TFS TO RAISE $37.9 MILLION VIA PLACE... well, l am not sure why the low price of 80 cents, but considering their strong financial position and low debt l find this move a bit strange.
    unless they have some purchases in mind ?

    this will temporarily dent the sp, but it is only a 1;20 SPP so not very dilutive.
    TFC Price at posting: 90.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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