re: Ann: Chinese Mining Fund Signs MoU for St... "Surely...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 24,765 Posts.
    re: Ann: Chinese Mining Fund Signs MoU for St... "Surely management could've found $35 million from institutional investors in stock offering rather than offering a 50% stake in the stage 1 profits."

    TRF hold about 50% of IFE. I assume TRF do not want to be seriously diluted which means TRF would have had to issue scrip to take up their $17.5 million entitlement of that $35 million.
 
watchlist Created with Sketch. Add TYX (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $16.43M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $10.92K 3.643M

Buyers (Bids)

No. Vol. Price($)
4 5241365 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 7537470 17
View Market Depth
Last trade - 15.53pm 20/11/2024 (20 minute delay) ?
TYX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.