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20.0% 0.4¢ titanium sands limited

Ann: Annual Report - 30 June 2013 , page-2

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  1. goatpointer
    1,626 Posts.
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    15/12/13
    21:08
    Post #: 12703461
    A capital raising of $250m via a public offer of 250m shares at 1c appears likely. Refer: Page 10

    The Directors (Administrators??) reckon its a going concern. Sounds like bollocks and an opportunity to suck more fees from the corpse.

    If relisted on the ASX how are they going to handle the many holders of unmarketable parcels? Maybe that is what the cap raising is for.

    Then again I could be totally wrong. After all I did buy into this outfit so my credibility is sky high.

    Holding 'cos I have to.
    TSL Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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