TPD 0.00% 21.0¢ talon energy ltd

Ann: STX: Walyering Update, page-23

  1. 1,686 Posts.
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    well there are still 123.4 mln 0.4c options out there according to the cleansing statement / application for new shares....

    todays volume is just over 20 mln... considering we barely budged... lets assume its a 50 / 50 split between buying and selling.

    110 mln options to go?

    lol - my prediction is we arent going to move anywhere significant until after Feb...

    Within the month our largest volume was only 43 mln (bought and sold)... So it would really take something significant to launch us out from under 1c (pre end of feb)... and i dont even think flow testing would do that.

    we then have about a year (next feb i reckon) before we start seeing some the 0.6c options being converted... and theres 279 mln of them... holders would be hoping to at least have 100% on them before conversion...
 
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