No the TIRN's are not convertible notes, they are just TIR's with a deferred settlement, they are the stock being issued to the people that have taken up the TIRR's (rights issue)
For all intents and purposes the TIR's and TIRN's are the same except one sttles T+3 and the other settles on the 18th of Feb and will then disappear because they will then become TIR's.
The TIRN's are the result of people paying the 3c on their rights take up.
Make sense?
- Forums
- ASX - By Stock
- does tirn cost extra at settlement?
TIR
titan resources limited
No the TIRN's are not convertible notes, they are just TIR's...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online