TRY 0.00% 3.0¢ troy resources limited

Ann: Trading Halt, page-9

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  1. 61,503 Posts.
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    Well if you release more spectacular results, SP goes up and CR offer is higher there is possibility SP drops back below the offer and people don't participate.

    Put out a CR offer along with more good results then SP goes up and people participate and more capital is raised ie if offer is 12 cents and SP is 20 cents on closing of offer you'd be mad not to participate.

    One possibility if try are confident of what they have in Smarts under ground is issue options, the option could be exercisable at say 20 cents. With another spectacular drill result, good maiden resource announcement and decision to develop Smarts underground SP should fly past 20 cents

 
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