I m intrigued by the hole conspiracy surrounding us, and just trying to work out how will the shorts are going to cover , because they will have to cove at some stage.
This is completely hypothetical but STX could quite possibly lob a scrip bid on TEG and messing up with Gina and Stokes plans, creating another frenzy at the PB and avoiding imminent attack from Gina, shorts then can use TEG shares to cover if transaction goes ahead.
TEG currently on TH is respect to Cliff Head Joint Venture , and will be more attractive for take over if sale goes through.
Disclosure I do hold a small amount TEG
Australian article re Hancock, page-65
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23.0¢ |
Change
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Mkt cap ! $659.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 6 | 226888 | 22.5¢ |
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|---|---|---|
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