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Ann: TNG Announces Share Purchase Plan and Options Offer, page-36

  1. 130 Posts.
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    I think a SPP is a better capital raising option than a quick fix with PB's mates in HK who just dump for a quick free kick.

    However, I genuinely thought we were through having to transact at these levels (13.5c), which subdues an already depressed SP which should have been a lot higher on a steady stream of positive news flow as PB suggested leading up to the AGM (or maybe that was HC posters).

    Rubs a little bit of salt into the wounds knowing that the cash is going to pay the consultants employed to do now what the board should have delivered on last year.

    Can almost hear them high fiving each other regarding their win on their options. At least they'll be busy in the run up to Christmas working on their additional remuneration levels for their TRR retirement gig.
 
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