TEG 0.00% 0.6¢ triangle energy (global) limited

Ann: Proposed issue of securities - TEG, page-2

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  1. 470 Posts.
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    What is everyone's thoughts with the 1-1 options, with an estimated approval date in mid Sept and issue date late Sept the drill bit should be completed by then. The sophs will have no chance to offload these if the drill turns out to be a duster. This is the only positive I can see from the recent raise for retail. A few sophs are going in BD without a safety in my view. I see Peak are holding heavy, no doubt sitting around flush at the moment.

    https://hotcopper.com.au/data/attachments/6348/6348779-c58759eec02022b913d2b357852e6584.jpg
 
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