RE: Twitter10 Oct 2021 13:52
I originally bought here in late 2019 due to the salt me/salarius products. Used to be a chef so I know how huge that market can be, This really was some great news Friday, I missed it as I was busy so catching up over the weekend but this is huge for TEK.
Not so sure about needing a placing but there is nervous investors still after the last 50% price reduction placing. Yes it was needed cash and came good for the company but when you hit private investors with a 50% wipe out overnight and don't offer them any piece of the pie, it will take a while to forget.
Personally I don't think a raise will be needed, even it is is it won't be anything like the last one. With the crowdfunding in place for several investments that should tie them over. Yes we get a smaller piece of the pie, but the pie gets much larger and we still have a huge piece of several pies.
I'm still buying again when possible at these low levels. NAV will be way higher again next time. GLA