thanks for clarifying :) so that holders wont panic on tmr :)

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khanh231296

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24/07/17

22:49

Post #: 26052093
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Originally posted by stock2016 ↑

Referring to the latest ANN - ASX Compliance Prospectus,

1.3 Purpose of the Offer
The primary purpose of this Prospectus is to remove any trading restrictions that may be attached to the Shares (ASX:TV2) and Option (ASX:TV2O) issued by the Company while the Prospectus is open. All of the funds raised from the Offer will be applied towards the expenses of the Offer. Refer to Section 4.9 of this Prospectus for further details relating to the estimated expenses of the Offer.
The Company also proposes to issue 19,230,769 Options in accordance with the shareholder approval obtained at the extraordinary general meeting held on 6 July 2017. However, the Company is not able to issue a cleansing notice under section 708A(5) of the Corporations Act due to its securities being suspended from trading on the ASX for more than 5 trading days within the last 12 months. Accordingly, the primary purpose of this Prospectus is to remove any trading restrictions that may attach to the Options issued by the Company pursuant to that shareholder approval before the Closing Date.

Checking the AGM ANN:

http://www.asx.com.au/asxpdf/20170606/pdf/43jrpr5rv0213s.pdf

View attachment 656793

Conclusion?

The ASX Compliance Prospectus a reconciliation of compliance related item which has been approved at AGM. It is existing information, not new information.

OK, so now lets move on to discussion about fundamentals.

Is SOL launch imminent?

Is PGAS laugh imminent?

Are we looking forward to improved financials with PGAS and SOL first revenue due in near term?

GLTAH.

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thanks for clarifying so that holders wont panic on tmr
TV2 Price at posting: 2.1¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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