TLG 14.5% 47.5¢ talga group ltd

Ann: Prospectus Offer opens and Loyalty Options, page-62

  1. 2,215 Posts.
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    R, Matts post is entirely incorrect in saying the loyalty options may not go ahead. TLG has categorically stated it will. The rest of his post, to the best of my understanding, is true. My take is that TLG will take an arbitrary approach to this. Those that have sold down, to gain an arbitrage, won't be looked on favorably. Those that have held tight, recognized. It's a small cap raise, with only so many shares to go around. Might blow out a bit, as I suspect it will be well supported, particularly at current prices. That said, I suspect those that thought they'd just dump, then get their full allocation at .385c might be sorely disappointed. Just my take. GLTA
 
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