TEG 14.3% 0.6¢ triangle energy (global) limited

Moorpett I cant disagree with you on the see-thru valuation, but...

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  1. 2,629 Posts.
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    Moorpett

    I cant disagree with you on the see-thru valuation, but you need to be aware of the staff and admin costs incurred by TEG if you are just valuing GAS into TEG.

    Secondly, I would see an ORG takeover of GAS as a very low probability event. Given the balance sheet stress of ORG, it would be a massive leap of faith to use that as a reason to buy GAS, IMHO. A bit like the recent discussion of a BPT takeover of TEG. That came to nothing.

    BTW, did you have a look at the costs I mentioned???

    DYOR

    AL
 
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0.6¢
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