Australia's largest stock trading and investment forum Australia's #1 stock forum

TPD

Click for more information

0.00%

21.0¢ talon energy ltd

STX offer guessing game, page-79

First 79 Last

Share
Profile

Follow
Justadabble

9,574 Posts.

3222

17/08/23

08:03

Post #: 69384657
Share

Originally posted by ccmfc: ↑

It would be a very narrow focus to be only a departure due to a potential STX deal several months away imo.

My feeling is that there was likely a ruction at the time of the last capital raising, which as many recall and debated here, was completed at a discount and conducted instead of debt financing.

That fits into the time frame more straightforwardly as the exit was not long after that.

Greg Columbus would have been the obvious pick, with Chair experience and Perth Basin knowledge from WGO times.

Further with respect of Nero, if indeed Nero was selling on market when the takeover effort by STX stalled, that's also a statement in itself of just wanting to be out and a broader loss of faith in the company.

They certainly haven't maximised what they could have gotten out for in the overall wash up, but were in this very early so still did well.

Expand

In the context of the real Walyering into production date, the CR makes total sense. The toss up between debt and equity seems linked to STX. There's your ructions.

TPD Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

VUL

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

There are more pages in this discussion • 23 more messages in this thread...

First 79 Last

Add TPD (ASX) to my watchlist

SPONSORED BY