TLG 15.8% 66.0¢ talga group ltd

On the 21/1/2021 one of the top 20 shareholders Smedvig unloaded...

  1. geb
    114 Posts.
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    On the 21/1/2021 one of the top 20 shareholders Smedvig unloaded 25,511,221 shares around $1.45 ps for around $37mill. Now why would they do that if they were as informed as the giru's on this forum, that suggest by years end Talga may be between $5 to $10 ps. Smedvig is a Norwegian company of renowned capabilities and performance. I believe one of its merchant ships was trialed with the graphite marine paint.
    They not only know the politics and the landscape....they are part of the politics and the landscape.
    Can one of our Giru's please explain why they would step down from such profit potential.
    What do they know that we don't..Do they still hold a position on the board....interesting indeed..!!
 
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