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21.0¢ talon energy ltd

Strangling of the TPD SP in the way that STX is now...

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ellj13

102 Posts.

34

12/11/23

15:12

Post #: 70854481
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Originally posted by Justadabble: ↑

The TPD business in the lead up is not the TPD business of today. LTH are very familiar with the strangling of TPD SP during that period in the way STX SH are currently experiencing. Take the shackles of the SOA off, $3M/month revenue and rising, TEG JV drill on the runway, there is a strong argument the TPD SP would outperform STX in the near term, at least until South Eregulla goes into production. So personally I don't take history as a useful input to my decision making process. JMO

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Strangling of the TPD SP in the way that STX is now experiencing?
The strangulation is clear to see on STX with % of shorts increasing, but I'm not seeing the same thing leading up to the SOA on the TPD share price so can't agree with you on that.

Source: Shortman

TPD Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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