TAO 0.00% 7.3¢ tao commodities ltd

I do not understand why they are doing this? it doesn't make...

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. 90 Posts.
    I do not understand why they are doing this? it doesn't make sense.

    1. they dont need the cash
    2. this will dilute the shareholding essentially offering 1c above ipo 2 years later
    3. smells a bit fishy, is this a small way to capital raise because smart money don't want in?
 
watchlist Created with Sketch. Add TAO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.