RE: And breathe...5 Aug 2020 12:57
I very rarely post but very often follow the group chat of this share and others I’m invested in, as well as Twitter.
Thankfully, I made up my mind about TILS far earlier than last week, with it’s Friday rollercoaster ride. That day, some investors may have paid a premium to the current share trying to jump on board (when the US couldn’t get enough of the ADRs or couldn’t grasp the change in the multiples, or Tesla if you want to believe that BS).
Anyways, as I see it, the ATM was due to expire (which would have led to a lower level of dilution than the placing) but who could have predicted in June / early July (or earlier) that TILS could have exercised such a placing at that price.
Clearly, it’s stung investors this week, but someone has loaded up and really believes this can go far (much like LTHs).
Don’t want to ramp / deramp, just think this will give such a strong base for next step upwards.
Also, thought I’d post as very quiet today with all the noise thankfully leaving the board for now.
Best to all