TAP 0.00% 7.8¢ tap oil limited

Ann: Notice received under section 203D Corporations Act, page-99

  1. 20,391 Posts.
    lightbulb Created with Sketch. 1990
    Coopec
    "you only insured against known risks" - the price of oil dropping is a known risk. its not a given but a risk, thus the term "risk" of it happening
    for the last 12-18 months, article after article stated the shale production had caused an oversupply of oil. in my view the risk was there, personally I raise it about 12 months ago when ROC and HZN wanted t merge
 
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