Hi DB,
According to the last quarterly, TAS had ca. A$4 million in cash at the end of March.
Given that TAS have indicated that they intend to support the current CNJ and EDE Rights Issues, by my calculations, this will probably mean that TAS will be investing around A$2 million (in both of these companies) in order to avoid the further dilution of their respective shareholdings.
Can you confirm this?
Thanks and cheers!
Hi DB, According to the last quarterly, TAS had ca. A$4 million...
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