TAP 0.00% 7.8¢ tap oil limited

Ann: Letter to Shareholders, page-22

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 20,480 Posts.
    lightbulb Created with Sketch. 2027

    Risk
    I sold out of tap before this announcement and left a small holding in each of my three investment accounts as I felt the chances of a CR to buy some assets was high. When I read the update I placed a trade of 300k shares at 5.6 but only had about 14k filled. After reading the announcement again last night I realized I have no idea where this will go so I reduced the buy order to 100k shares. It's a mess and if the largest shareholders take over , I can't see them actying on behalf or retail shareholders . Tap should do a CR and dilute the largest shareholders - worst case they will be forced to tip on more money into the company
 
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Currently unlisted public company.

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