The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
03/09/2020 10:10:18
0.075441
140,000
03/09/2020 10:09:51
0.075441
60,000
11/20/2019 11:06:22
0.122135
31,000
10/21/2019 10:50:20
0.153294
29,000
05/15/2019 10:51:45
0.150263
40,000
https://www.otcmarkets.com/stock/TERNF/overview
More waffle from Tern no numbers provided as they are low or non existent.
OTC listing saga is monty python stuff!
No timeline of exits as no buyers.
No mention of current cash position and there is the rub!!
Al Cisco has told you nothing is going to change for the next 3 years...
'Tern has grown significantly since its modest inception in 2013 via a combination of organic initiatives and shareholder support. We anticipate that this combined approach will continue during the next three years '
You don’t like anyone presenting fact’s however ramping crew are always disingenuous…how is it going after 8 years?? How many exits? Got any revenues? How is the share price performance?
What the ramping crew won’t tell you.
One (1) warrant of series TO2 entitles of subscription of one (1) new share in the Company. The subscription price for one (1) share will correspond to 70 percent of the volume weighted average price during the period between 21 November 2022 and 2 December 2022. The subscription price can’t be lower than the quota value of the Company’s share or higher than SEK 16.50, meaning that the Company can raise a maximum of SEK 37.5 million through the warrants of series TO2.
Each warrant of series TO3 entitles the owner to subscribe for one (1) new share in the Company for a price of 70 percent of the volume weighted average price of the Company’s share on Nasdaq First North Premier Growth Market during the period commencing May 2, 2023, up until and including May 15, 2023. However not higher than SEK 15.75 and not less than the quota value of the Company’s share.