TPD 0.00% 21.0¢ talon energy ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Reports, page-68

  1. 6,364 Posts.
    lightbulb Created with Sketch. 1978
    This wont happen like that as the boards performance shares wont vest unless there is a change of control in TPD event. So TPD will be taken over by STX which means the Mongolian assets will be moved into a new spinoff company (Spinco) that will IPO a few days before TPD cease to exist. Spinco's cash will come from the IPO meaning current holders stake in Mongolia will be diluted.

    All my speculation of course.
 
watchlist Created with Sketch. Add TPD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.