TIR titan resources limited

advise required please, page-3

  1. 945 Posts.
    the value of your 3c shares will be whatever the market deems them to be once the extra shares com eonto the market and can be traded. my understanding is that people are buying shares now to be entitled to more 3c shares in the placement. but once the stock goes ex-entitlement, it will sink like a stone, i suspect. then it will sink again when all these shares become tradeable and everyone tries to get out. there will be considerable volatility in this stock over the next few months. the pro's and insiders will make money and the punters will lose. i'd stay out unless you really know what you're doing.
 
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Currently unlisted public company.

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