TPT 0.00% 0.9¢ tangiers petroleum limited

agree Nico in terms of merger has totally gazumped the trade i...

  1. 3,490 Posts.
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    agree Nico in terms of merger has totally gazumped the trade i had originally bought tpt for, and likely tpt sp will tank back towards the 0.468/ TPT/JKA share price equivalent if merger goes ahead so I cannot see tpt above 20c ( based on current jka price) at that time because quite a few jka holders will take their % gain on new tpt shares. - worst case this is happening near spud of Morrocan well!!

    though delayed badly tpt was still what I call a clean trade - no other distractions ( apart form Aust assets which by drill time would be totally discounted) - but merger makes this a messy business all round.
 
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