TPD 0.00% 21.0¢ talon energy ltd

Ann: Discussions with Strike Energy, page-140

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  1. 1,928 Posts.
    lightbulb Created with Sketch. 1529
    Very interesting barney and thanks for that.
    Gives us a little bit of detail.
    No definitive news from either camp again today is indicating to me that the deal is still in play. Strike need 100% Walyering and they want it with minimal cost and complications.
    They will submit again after they believe enough time has elapsed to save their own face.
    Question is will this next offer be acceptable to Talon and I'm thinking now that it very likely will be after some give & take and sensible application by both managements.
    Having said that I'm happy either way, but this period of uncertainty is not in my liking, generally when a TO offer is presented we see an appreciation in SP, not so with this activity and that is concerning.
    My opinion.
    GLAH.


 
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