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31.0¢ tawana resources nl

Ann: Merger Update, page-44

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SIJoe

4,054 Posts.

143

19/09/18

16:35

Post #: 35704280
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Originally posted by Haplo ↑

Yes excellent point. There is a good buying opportunity here as the ratio is going to stay the same regardless of the TAW share price tomorrow.

So if you waiting to play the long game and buy more tomorrow and then wait for relisting after the merger (assuming if the merger goes ahead with a vote yes) then yes an opportunity.

Not recommending investors following that course of action but just stating it as an option. Could have been explained better by the company.

Haplo

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Company should also have said how long after the merger the ASX listing is likely to take. “In due course” is simply not acceptable.

TAW Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

1 Great analysis

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