TPD 0.00% 21.0¢ talon energy ltd

Ann: Response to Media Coverage - Non Binding Indicative Proposal, page-49

  1. 5,060 Posts.
    lightbulb Created with Sketch. 500
    Sarah at the AFR taking more dictation from Strike

    The angry shareholders have fired off an ultimatum to Talon’s board to take Strike’s proposal seriously. With the investor pressure building, a deal could be reached as early as this week.

    Sources said Mineral Resources and Hancock Prospecting – fresh off battling it out at Warrego Energy’s take-private – have been approached for funding or strategic involvement. However, given Talon’s $109 million odd market capitalisation, the big fish reckon Talon’s too small a target to take a bite, sources said.

    Same message, "shareholders" are supposedly desperate to take the first low ball and no one else wants Talon.
 
watchlist Created with Sketch. Add TPD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.