SP pressure was raised at time of the CR announcement. Imo it is perfectly primed for manipulation. Buying into this sell off will take some Kahunas but could present and opportunity to ride the rinse and repeat. It doesn’t make a lot of sense that the heavy sell off occurred after securing funds. Read the terms of the CR.
“The monthly repayment amount in shares will be determined using 90% of the average of three daily VWAPs per share as selected by Lind during the 20 trading days preceding the monthly payment. The 15th and final payment is scheduled to take place in March 2020.”
DYOR
TV2 Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held