No mention of us unsophisticated non-professional investors
"Pursuant to ASX Listing Rule 17.1, Tinybeans Group Limited (Company) requests a trading haltof the Company’s securities pending the release of an announcement relating to a materialcapital raising. The capital raising will involve a placement to sophisticated and professionalinvestors." To become asophisticated investor, you have to acquire a certificate from a qualified accountant, stating that you have net assets of $2.5 million and/or that your gross income for the past two financial years has been at least $250,000 a year.https://www.copyright link/personal-finance/how-to-be-a-sophisticated-investor-20150821-gj4has
Shareprice might take a hit but it will recover over next month or so.
TNY Price at posting:
$1.08 Sentiment: Buy Disclosure: Held
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