TAP 0.00% 7.8¢ tap oil limited

Ann: Issue of Shares Upon Vesting of Share Rights, page-4

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  1. 553 Posts.
    re: Ann: Issue of Shares Upon Vesting of Shar... Being cricket season, gdbeech might well be thinking of that famous cricketer, Shane..who has nothing to do with TAP.
    As for TAP, its up again today to 51 and is still looking tremendously undervalued.
    As so many have commented, 2014 looks like a very interesting year for TAP as Manora looks set to enter production in 2014 providing strong cashflow.
    LNG has become an even more hot topic of late and I wouldn't be surprised to see greater consolidation / rationalisation of this industry.
    With TAP's WA gas assets in particular, TAP seems potentially well placed to benefit from any increased interest. In my opinion, the share market is currently valuing TAP's gas assets at close to nil.
    Hope you all have a Happy 2014!
 
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