TLG 0.00% 38.0¢ talga group ltd

Estate, any long term s/h should remember how the last c/r...

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  1. 2,294 Posts.
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    Estate, any long term s/h should remember how the last c/r played out - this has all the hallmarks of following suit. A run on the s/p prior to release, propping during the period of play, and gradual dumping after cut- off date. Today had a swing of 6c from high to low on a share in the 30's, on bugger all turnover. To me, that smacks of propping. I'm not convinced, but will be watching with interest. If we get a couple of nasty days on the ASX in the next mth or so, which I believe is highly possible, will be interesting to see how TLG holds up. Happy to be proven wrong, and will re-enter at some stage, but not yet. I accept I run the risk of a game-changing announcement. GLTA.
 
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