I hear there is strong Top20 Shareholder support for the Gesaf investement which will provide TEE with a great future. I'm expecting the EGM to approve the deal and will be sending my vote in accordingly.
Gesaf will be spending $9M at an average of 2.2 cents to attain 40% of TEE. This includes:
- 40M options at 2.5 cents
- 35M options at 5 cents
- 30M options at 7.5 cents
The way they have gone about this has been very astute, showing they are not amateurs. They will be investing the $9M and expecting a significant ROI, as we all would, if we could invest that much money. Look forward to seeing them implement their strategy and plans. Good luck to them. I look forward to them exercising all their options and taking the shareprice above 7.5 cents.
I'm expecting the shareprice to run higher very soon as we move closer to the EGM in 2 weeks time.
The shareprice at 1.7 cents is a bargain.
is something brewing, page-19
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $10.00M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $15.35K | 144.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12870 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 47371 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TEE (ASX) Chart |