TRX Future2 Jul 2025 13:26
The problem is they are draining cash and a share issue is bound to be on the cards. So, there will be heavy dilution here with the current market Cap.
They simply haven’t increased revenue and operation profit quick enough. They know it, and the market knows it. That’s why personally I won’t be topping up my shareholding as I believe the dilution could be as heavy as 35% and would be best to top up then.
Hopefully, this turns positive in the not too distance future, but I think there more suffering to come for TRX shareholders.
That’s my take on it anyway. Will be interested to hear your thoughts.