TPD 0.00% 21.0¢ talon energy ltd

Ann: Trading Halt, page-124

  1. 8,696 Posts.
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    Not really Driven123,
    As you'd the increased shares on issues would be offset by an equal (or even greater) proportional increase in STX assets.
    You could argue, that STX will be worth more (even after the new shares are issued) because they are getting an asset cheaply, as well as the synergies that arise from owning a 100% of the resource (both Walyering and Condor). Long-term TPD might have been a strong competitor with STX in local gas market.
    Creating oligolopistic positions in markets is where the money is made.

    P.S sorry you've already responded to this issue, I see.
    Last edited by invertedva: 28/07/23
 
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