TPT
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0.00% 0.9¢ tangiers petroleum limited

The rumours regarding a fire sale of some Aust assets were a...

  1. cookiemonster
    304 Posts.
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    22/09/12
    09:41
    Post #: 10756658
    The rumours regarding a fire sale of some Aust assets were a response to cash flow concerns. Let's hope that conversation is put to rest for a while now that they've announced the CR.

    I reckon we could see some selling pressure next week with this discounted CR. The stock has been tightly held; if a few large holders run out of patience and want out we could be in the mid 20s pretty fast.

    Patience is the key.

    TPT Price at posting: 31.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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