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Ann: TMT Strengthens Cornerstone Support - $11.5M Placement, page-66

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27/05/23

14:42

Post #: 67994611
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Originally posted by sabine: ↑

Hi startingagain… I believe the orginal ‘getting in early ‘ price at which RCF invested was 37c a share.

And the amount it invested at that price was somewhere around $14.5 million dollars?

It may have been rinsing shares since then to lower its’ average, but I don’t think it would have impacted the original price by much if so.

Even this new $2m plus purchase at 28c a share gives it a higher average price than many of the original investors, and yet it holds more shares than anyone?

I’ll check those figures whilst I have lunch .. but perhaps someone else could confirm or correct them.

cheers

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sabine, you are correct, initial RCF purchase 37.5c Sept 2021 not sure total amt invested. They have not bought or sold any shares since. They have added to their holding in recent placement at 28c.

TMT Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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Ann: TMT Strengthens Cornerstone Support - $11.5M Placement, page-66

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