TAP 0.00% 7.8¢ tap oil limited

Ann: Company Update & Capital Raising, page-6

  1. 310 Posts.
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    Also as a point of interest, done some quick analysis on Risco's average cost (including that announced today). Obviously the initial 5% is undisclosed but if you assume a 35c average cost for that portion of shares puts their total holding average cost at ~26c.

    If you don't agree with the cost of the initial 5%, sensitivity is fairly low i.e. change that assumption to a 40c entry and it raises the average cost to 27c. Its not material.
 
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