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Ann: TNG to raise $15M by Institutional Placement & Rights Issue, page-22

  1. 1,687 Posts.
    lightbulb Created with Sketch. 242
    Very positive to see this coming from Germany!!
    What's an MD to do when the company needs to raise a billion $ and your SP is suppressed? I would raise a small part at a time to continue the development and build confidence that the project is going ahead. $25M in the bank will certainly help generate the FOMO the stock needs to get that sustained uptrend.

    If you think the price is too low, then obviously you will be buying. Good day for all.
 
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