10c wont be out of question especially when we list on hk exchange. they will end up going on a buying binge I reckon. we will get diluted no question about it but at what price.. I reckon min would be 1.5c per their vesting conditions. It could be done in stages like BSP does. They sign and announce, share prices go up and then issue at higher price. Personally they would want to get some more investors in there before they start getting instos in like BSP did with frank templeton fund and so on. They are big players and sticky money.
I work out doubling our shares to 3b and at 10c its only 300m and 3b shares is literally another 100% on top of the existing shares on issue and I am sure BSP wont want to be diluted too much too.
TNP Price at posting:
0.9¢ Sentiment: None Disclosure: Held