TAP 0.00% 7.8¢ tap oil limited

value of zola/wa-290-p/wa-49-r, page-30

  1. 20,542 Posts.
    lightbulb Created with Sketch. 2050
    Coopec - let me give you an explanation of my logic
    If I had paid my own money for the asset then you are correct I would want 50% more than I spent - but I didn't ,I am buying TAP with a low 50s average so I am buying the gas assets for free. If TAP can monetize them for 50 m then I will be rewarded. If they get more even better. You need to distinguish between company gains and personal gains. So for me the key is the SP I buy and the SP I sell. That is what is a good result for me.
 
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