TLU 0.00% 0.2¢ tellus resources ltd

Ann: Notice of Extraordinary General Meeting/Prox, page-2

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  1. 2,518 Posts.
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    re: Ann: Notice of Extraordinary General Meet... One small positive for long suffering shareholders is that the notice of meeting says the fundraising of $2 to $5 million that will accompany the purchase of PNC can't be done at less than 10c per share. I know it is not much but better than it being done at 4 or 5c as I was imagining and therefore highly dilutionary for existing holders. If you are an existing shareholder come back in 12 months that is what I intend doing.
 
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