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Ann: Update on Proposed Grant of Rights, page-21

  1. mm3
    1,237 Posts.
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    25/06/20
    19:15
    Post #: 45455729
    the next 5B with the quarterly will be interesting to see how much cash they’re burning seeing everything has been delayed - and also whether the “pay cut” is really a cut which I’m certain it’s not.

    i predict a capital raising before the end of the September Q or early in the December Q which as you say will go to their mates at a discount to market.
    TNG Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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