TAR 0.00% 0.8¢ taruga minerals limited

Ann: Strongly Supported Placement to raise $3.5 Million, page-53

  1. 7,785 Posts.
    lightbulb Created with Sketch. 1108
    True, i remember that now

    just trying to work out why they resumed trading a day early on a TH for CR

    Was it to catch retail shareholders and investors off guard?? everyone on the planet expects TH for CR to last the full 3 days so why the unexpected rush to start trading again which would basically only act as a surprise to everyone but the brokers and participants involved?

    will we see an announcement of some sort Tomorrow? I have never seen a company not take the full 3 days, the mad rush to get in on the CR must have been as astonishing as the ludicrously low price the brokers decided to vale those massive high-grade intersections.

    It must have filled in 3 seconds, about as quickly as it took for the market to realize the brokers weren't going to allow TARs mcap appreciate ( but in fact depreciate ) until the CR was complete.

    Those intersections and this discovery should have had TAR at a minimum $100m mcap with huge volumes and fluctuations and everyone knows it.

    My call is this will go down as the best-capped REE discovery on the ASX once the brokers all agree that its time to let it rip, the BOD must be furious with how the brokers did this to them, pricing those intersections at minus $4m is the biggest joke I have seen on the ASX for quite some time, where is the please explain from the ASX.. there isn't one because they are too busy bending over WA1 on their legit discovery that is doing what TAR should have also done but in 5 fold smile.png

    I cannot see how this will stay under $150m mcap in the soon
 
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