TAP 0.00% 7.8¢ tap oil limited

Ann: Trading Halt , page-16

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  1. 4,035 Posts.
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    Your negatives are listed from a pessimists' viewpoint....lol

    MD and company secretary gone are good things, it allows the company to breathe new life into management, which had been underperforming.

    And Brunei is not a fail, as yet

    The cap raising when done like this, is palatable, for reasons already discussed in this forum.

    And you seem to have forgotten that finding oil is a very, very, very hard thing to do despite the technologies available today. Dusters are more likely than success. That's the oil business. Not wanting to sound like I am making excuses for the company's track record......it is what it is.

    At this point we have to look forward.

    I would not be assuming that this will open 'in the red'...let's see.
 
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