TNR
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8.70% 5.0¢ torian resources limited

Ann: Successful Capital Raising Accelerates Growth Strategy-TNR.AX, page-9

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  1. bitzer
    7,638 Posts.
    lightbulb Created with Sketch. 15
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    29/06/16
    11:23
    Post #: 18149121
    The announcement states that the raise was over subscribed ? I have to assume that although they had the capacity to place 25m shares they must have decided to break it into 2 tranches ? Perhaps hoping to place the balance in the future at higher prices ?
    TNR Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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