TON 16.7% 1.0¢ triton minerals ltd

" Capital raising structured to enable Triton shareholders to...

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    • " 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 ?


 
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