TAP 0.00% 7.8¢ tap oil limited

Ann: Notice received under section 203D Corporations Act, page-81

  1. 3,200 Posts.
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    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
    Last edited by xmanrocks: 03/03/15
 
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Currently unlisted public company.

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