Market Cap, page-77

• " Capital raising structured to enable Triton shareholders to participate on the same terms as institutional investors, in advance of anticipated project milestones "
  
  = rerate on its way
  
  To issue 12c Dec OC strike options at effectively the same expirey time and price as exiting OB 11c Nov -
  
  The new options TONOC should trade about the same price as the current TONOB
  
  It says something about confidence of getting both in the money .
  
  If it gets down to the in the money - the OBs are a cent better off , but a month shorter .
  
  So it's curious why they offered a second almost identical series , than simply issue more of the same listed OBs .?
  
  To prevent additional supply from knocking the price temporarily lower ?
  
  These catalysts ahead ought to see us well over the previous trajectory 12c imo
  
  20-30c ?