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21.0¢ talon energy ltd

Ann: Discussions with Strike Energy, page-547

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15/09/23

10:14

Post #: 69869670
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Originally posted by Goldfinger99: ↑

I am not disagreeing with you..................the obvious issue is who knows ???

But what flows is if you are right, and the share price languishes until late 24 (based on TO failing) and you are of the belief the takover will in fact fail, then you are better of selling your shares now !!

If I am right and share price early next year is say 22c or 23c, then regardless of whether the takeover succeeds or fails one is better to hang on to the shares, given current market price.

So I understand there is time to go until Dec, but do you see the TO being successful or failing.

My view unless STX share price recovers to say 44c or 45c then the TO will fail. Others view ?

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I see the Stx deal as a no brainer.. no matter the price of the stx come Dec - a packaged Pb asset will demand a better take over premium - when Min or Hancock circle Stx..which they will. Happy to make my profit then.

TPD Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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