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7.8¢ tap oil limited

Ann: Buy Back Offer Document, page-4

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barewitness

533 Posts.

8

07/12/20

21:24

Post #: 49405017
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Originally posted by habcos1: ↑

I have a couple and its not good, I am going to sell at a loss at 7.8cps and may just get a few more at the deaths nell perhaps at 5 cps.
The problem here in my view is that management are in it for themselves alone and long term may just dilute small holders to irrelevance.
There are ways of selling off market but it is slower and there may be difficulty attaining a fair price.
All in all it is a sad demise of Tap for small holders like myself and many others, after many years of waiting patiently for pay day , we get one dividend December last year which should have been the beginning of a steady stream , then we get this. Not good.
As someone else said , you can do a lot better elswhere in the free market and whats more with more retail friendly management.

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there is no cure for being a Kent ...TAP management

TAP Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
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