TSV 0.00% 0.8¢ transerv energy limited

Yep aggree. That is the biggest critisism that the placement...

  1. 1,712 Posts.
    Yep aggree. That is the biggest critisism that the placement wasn't done to existing holders. It could have been done on a 1 share per 4 owned or something of that nature so as to ensure existing holders were rewarded for their support. Then the free option at a 5c conversion price. This would have encouraged people to hold the stock seeing its value better reflected and ultimately putting more money back into TSV once the price is higher. ( everyone wins ). The way it was done gives a quick buck to people who may never have held and probably have no desire to long term. Just my opinion and i'm dark i didn't get the opportunity to take part, but everyone must agree it was done with little consideration to existing holders. That is a fact not speculation.
 
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