TPD 0.00% 21.0¢ talon energy ltd

Ann: Change of Director's Interest Notice - C Hauser, page-9

  1. 853 Posts.
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    No don't twist my words. Not disputing any past purchases and I know he hasn't sold any. I purely talking about this purchase.

    He took an opportunity and had to get special shareholder approval to buy them - he was not entitled to them at 14c.

    If he bought on market AFTER the CR as well would say that is a sign of confidence, but picking up a few cheapies in a CR isn't anything special. It was just a good opportunity for him, don't try to make more of it.

    They should have done a SPP with the last CR. Very disappointed they didn't - we were told no more CRs so having them giving cheap shares out with no chance for retail to get in left a bad taste. Obviously I understand why the funds were required etc, my beef is that we didn't get the option to buy directly as well.

 
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