TVN 1.79% 5.5¢ tivan limited

Ann: Tivan receives commitments for $4.5m share placement, page-22

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    lightbulb Created with Sketch. 3067
    https://hotcopper.com.au/data/attachments/6285/6285483-9731b46246e4ed0972f3201e9a13ff9e.jpg
    Does this mean following the CR we are at $7.2M of $10M - $2.8 M left to pay down KRR debt?

    Also the Con Note CR 10c appeared to be the sweet spot for the investor, however this one includes 1 12c option for every 2 shares.

    That's 34M options at 12c if exercised will bring in $4.08M

    Both CRs perhaps introducing Competitive tension at two short term pricing points - above 10c & above 12c

    Last edited by Propunter2: 03/07/24
 
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