No I've sold all my stock except token $1k parcel
Why?
If and when they do the Capital Raise (imminent imo as they are out of cash, just look at the most recent quarterly report cash), it would be a discount to the current share price (my guess is $0.40)
But here's the thing, last time, any shareholder was able to subscribe to as many shares as they want.
So I sold my shares at $0.70, and have a small few that will allow me to buy as many as I want should this CR happen.
I will use 57% of what I sold to buy back my holding and keep the 43% for the next CR which could be even lower if no permit
TLG Chart, page-3782
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Last
54.5¢ |
Change
-0.010(1.80%) |
Mkt cap ! $206.9M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.3¢ | 53.0¢ | $707.1K | 1.299M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20954 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 4905 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |