TLG 3.49% 41.5¢ talga group ltd

Desperate situation currently!Fact: Less than $800k cash...

  1. 196 Posts.
    Desperate situation currently!

    Fact: Less than $800k cash currently held by the company!;

    Assumption: Due to shareprice trading around or under 19 cents during the SPP - very few SPP applications/$'s received to date!

    Therefore : Closing date of SPP (currently 6 May 2013) - will be extended!

    I'm not going to comment on how badly this current situation reflects on Management!
 
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