changed my view, page-28

Im hammered on something red. fair dinkum you can tick the boxes on this company since being saved from bankruptcy by Macquary Bank who are still long 5.5%. So whats wrong? They are part players in wells and not the drivers.

If you are playing for your salaries boys I will be your worst nightmare at the next AGM.

For a start you need an x factor like Paul Underwood yep notice how the market marked up TNP big time where as,the market thinks little of your current chairman.
Why because most of what he has chaired as turned to shite.

The big positive with GGE is tiny market cap, no debt, cash flow positive and some good targets. I actually think the MD is half decent and has turned this dog into a real good little oil producer despite the man taking up space in the chair.

I think Paul Underwood will try to merge TNP with TMK and GGE. Christ they share the same toilets and the same entrance door. The companies are worth not much and all have or about to get heaps of cash in the door.

Thats my tip.

Burp

Flux