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7.42% $1.31 tfs corporation limited

Ann: TFS TO RAISE $37.9 MILLION VIA PLACEMENT AND, page-5

  1. Proxylady
    274 Posts.
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    09/03/11
    11:41
    Post #: 8022281
    re: Ann: TFS TO RAISE $37.9 MILLION VIA PLACE... When you also factor in the institutional placement that equates to a dilution of about 17%, so a share price in the low 80's is on par with the pre-announcement price, but with no debt must push it up to around 0.85 (which I've just bought at on market).
    TFC Price at posting: 84.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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