TAP 0.00% 7.8¢ tap oil limited

Hi AI 99, A good post - I also have that halfwitted idiot on...

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  1. 5,033 Posts.
    Hi AI 99,

    A good post - I also have that halfwitted idiot on ignore - when it comes to ideas one has to separate the wheat from the chaff.

    Tap is getting interesting - is the recent volume down to a buyer securing a bargain stake at throwaway prices or is it a precurser to a broader strategy of stakebuilding prior to an acquisition? Whoever knows the answer will make the money on this play.

    Someone suggested 45c as the takeover price - they are dreaming. The premium for any change of control will be materially more costly than that.
 
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