Wafti,
My opinion only - between 40-50c , probably in the midrange so 45c.
Vwap over 3 months is trending toward 35c, so takeover premium of 30% above this seems possible. 45c !
Not at all happy with this figure and would take a huge loss but unless somebody else comes forward then it's either take an offer from Chatchai or hope that the oil price improves quickly.
Chatchai is also gambling on the oil price which is whyI think he'll make a move sooner rather than later.
TAP Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
