TRY troy resources limited
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50/50 debt / underwritten rights issue to existing...

  1. pomhat
    2,046 Posts.
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    02/10/09
    14:01
    Post #: 5726290
    50/50 debt / underwritten rights issue to existing shareholders

    reasons:

    - limits dilution and allows existing shareholders the opportunity to keep their % interest in tact
    - USD interest rates are currently low
    - would not take long (assuming successful operation) for the $20m or so debt to be repaid
    TRY Price at posting: $2.10 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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