RE: Thought19 Jan 2023 09:44
I have looked back at MM, Whizzer.
2 days after his STRONG BUY opinion came his ultimate post below?
I'm sorry I don't remember it or whether I responded , though this was a universal invitation and not explicitly mine!
The explanation is simple from my point of view! At least, it would have been back in November!
It reflects my claim that there IS NO MARKET PRICE for Tlou , just a bunch of twots selling at ridiculously low prices so the faithful can average down! Not enough shares are available on that route for the Doc, and it would have moved the price to possibly 5p to satisfy his thirst for shares, so he sought a private placing and TLOU capitulated!!!!! Having got away with that coup, the DOC tried it on to top up a second time!! And a third , fourth might have been forth coming if TLOU did not do what they should have done in the first place!!!!
They should have told him the books were closed and if he wants shares then but them on the exchanges! If my theory proved right and he bought a few million to clean out the clowns, the price would have risen and even TLOU shareholders might have twigged they were holding golden nuggets!!! He would have needed to pay real money to get a few tens of millions of shares. At a realistic price , ZAK MIR's tip was 3p+ 3.3p from memory, TLOU could have issued a general placing to all of us at a preferential rate to bring in 3.5p a share from all and sundry! If we did not take up our quotas , then the DOC could have bought the surplus , or the Directors, or the Pension Fund? MM's post reflects that process imho!! TG missed a trick!
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MinorMiner Premium Member
Posted in: TLOU
Posts: 7,763
Price: 2.125
No Opinion
Market Capitalisation 13 Nov 2022 15:30
On 3rd Nov Tlou closed at 1.35p and had 600m shares issued = Β£8.1m MCap.
On 4th Nov Tlou received A$2m, Β£1.1m, for 57m shares and closed at 1.65p = Β£11.2m MCap.
On 11th Nov Tlou received A$3m, Β£1.6m, for 86m shares and closed at 2.13p = Β£15.8m MCap.
In short Tlou's MCap has risen by Β£7.7m (+95%) from a cash injection totalling Β£2.7m.
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