TWH 0.00% 1.2¢ tw holdings limited

No one can know the future, and I'm not really an expert, but...

  1. 278 Posts.
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    No one can know the future, and I'm not really an expert, but I'll write my thoughts. DYOR etc.

    The consolidation is 20:1 and the capital raise they're doing is at 0.20 per share. Before consolidation, that is the equivalent of 0.01 per share. Assuming anyone who buys shares as part of the offer won't want to sell for lower than they paid, it should reopen at 0.20+.

    However, there are people who already hold shares at averages less than 0.20 post-consolidation. For example, I bought some at 0.009 pre-consolidation, which is 0.18 post-consolidation. That's a 10% discount to the offer price, so I could sell them for a profit at the offer price.
    There are others who bought even lower than 0.009 who may be okay with selling at much less than 0.20. Then again, they could have done it before the halt at 0.012 (0.24 post consolidation). So I presume they aren't that interested in selling right now.

    The last thing to consider is that the shares closed at 0.012, with bids of 0.015 before it was taken off the market. That means people were willing to pay between 0.24 and 0.30 (post consolidation) and could indicate an open price. Having said that, there will be a little more dilution now, so perhaps that will play into it.

    So, I expect an open of at least 0.21. I wouldn't be surprised by 0.24. CPH raised at 0.20 and opened at 0.25 before climbing (then falling). Maybe we can do the same here. I don't know, but I believe it will go up long term anyway, that's why I'm invested here.
 
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