TLT - Tilt Renewables

[macduffy]

Why does dilution matter. If you do not participate in the capital raise you will just have a smaller slice of a bigger pie

No, the pie - ie the company's assets - remains the same size, unless the new capital is used to grow it. Just that non-participants are left with a smaller slice.

[freddagg]

No, the pie - ie the company's assets - remains the same size, unless the new capital is used to grow it. Just that non-participants are left with a smaller slice.

Of course the new capital is being used to grow the company. Dundonnell will increase the size of Tilt by about 50%.

[Lion]

Not many sellers right now. Just 1875 shares for sale at $2.40, then 2100 at $2.50 and then a big step to $2.79 where 50,000 are offered.
I'm not sure if this is very significant.
But I think the JV will have trouble getting their 90% of TLT now. Not at $2.30, anyway.

[huxley]

Not many sellers right now. Just 1875 shares for sale at $2.40, then 2100 at $2.50 and then a big step to $2.79 where 50,000 are offered.
I'm not sure if this is very significant.
But I think the JV will have trouble getting their 90% of TLT now. Not at $2.30, anyway.

Probably holding out to potentially use the creep provisions, they can purchase 5%pa I think..

Will be interesting to see what TLT trades at once the offer expires.

[bull....]

https://www.bloomberg.com/news/artic...-next-election

good news for tilt if it happens , no wonder ift badly want this as ive always maintained

[horus1]

Not good news for tilt. The batteries will encourage households to be independent and lead to prices dropping. The last thing Tlt want.

[hardt]

And so it ends, hopefully shares plummit so I can buy in yet again...

[bull....]

cash issue has arrived cheap shares for holders

[bullfrog]

Nice bonus for the loyal, the jv didn’t tempt me... much ha

[bull....]

not much comment on this , but its hitting new highs today. always said ift were trying to get a steal lol