TGS 0.00% 4.9¢ tiger resources limited

looking forward to the next update next week., page-8

  1. 19,044 Posts.
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    If you have been in since 2009 you probably bought all your shares on market and are not an '18center' in the true sense. my beef is with those behind the significant dilutions at 10c and 18c, the latter after most risk had evaporated.

    Always a good idea to sell small amounts as the share price rises to spread risk, but TGS is witnessing significant disappointing distribution at these prices with 12.1% of the issue sold on market at around 51c over the last 30 trading days alone.

    Glad you are making a good profit on it, but imo directors should have had LT investors who had been carrying all the risk in mind before diluting so heavily and at such low prices. If you rook advantage of the deliberate sell pressure prior to those mis-priced dilutions to buy on market you deserve to make a profit. I also took some advantage because I knew what they were up to and they were significantly undervaluing TGS at the time.
 
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