just spent about an hour going over the financials seeing if I missed something..........
Apart from the unexpected over runs in costs TAP have a distinct lack of cash available to pay for it's liabilities this year.
However they are profitable and have a stack of great asset's so the banks will come to the party if they do not get taken over first or a cap raise could be on the cards............must be a few hovering over the asset's at current share price.
Happy buying tomorrow at current levels
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- Ann: Notice received under section 203D Corporations Act
Ann: Notice received under section 203D Corporations Act, page-81
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