Re your post below, you people seem to forget that Chatchai "Arrived" as a major shareholder in 2010 at TAP's invitation, when he sold the majority of his interest in Manora to TAP, who effectively gave him an IOU in the form of shares and a deferred reserves payment. It certainly wasn't a "Big Negative" for TAP at the time, and actually put them back on the map, as there was a lot of competition from other buyers.
Without Chatchai, TAP would never have had their 30% interest in what is the "Jewel in the Crown". If shareholders like yourself are "Despondent" about him, then remember TAP would not have the asset today as they had nothing to do with getting the concession, or finding the field.
Unfortunately, none of those people who were involved are around any more, so no one remembers. Since then, the shares have gone down and down, there has never been any dividend and they refuse to pay what he is owed for the reserves. He might be equally "Despondent" about the way the company has performed since Troy H took over.
Regarding Risco, they might wish they had looked elsewhere to make a quick buck, because it seems to me they are between a rock and a hard place right now.
I won't speculate in this forum who may have offered that stock, and I do acknowledge that Risco has picked up net sales from other holders, but we'll never know how many holders who were already despondent at having Chatchai Yenbamroong at a 19.9% shareholder decided that Risco's arrival on the register was not an automatic positive, so they bailed out as a result. For what it's worth, my own feeling is that Risco's arrival on the register has more likely been a negative than a positive for the SP.
BTW, I think it's obvious that Mr Yenbamroong's arrival as a 19.9% shareholder has been a big negative, proving that the SP effect of even large buying depends on how the market views the buyer's likely actions. It could make the world of difference if Risco were able to persuade Mr Yenbamroong to sell all his TAP shares!
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