This is a fantastic deal. The new investor has paid almost a 70% premium to trading price to gain exposure to the business upside. Its a significant statement of how they view the future of the company, particularly when you view the market cap of TPS compared to the funding size.
THIS IS A GAME CHANGER for this company.
Im not at all concerned about First Samuels uplift on conversion or on repayment. To show this support you deserve a reward and im happy for them to get the uplift. The shareholders will all benefit from TPS having access to this capital for expansion...its a WIN WIN
TPS Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
