TLG 3.95% 36.5¢ talga group ltd

Ann: Quarterly Cashflow Report, page-11

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  1. 517 Posts.
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    The quarterly summarises what has occurred during the quarter, with nothing new to report and the PFS delayed to later this month for a second time is likely the cause of this overreaction in sentiment. I suspect the move has been accentuated by vested interests looking to keep the share price down in anticipation of the next capital raise, a repeat of what happened around the end of last year and which spilled into the early part of 2019. TLG has sufficient funds for 12 months, but the price has been pushed down to the level of options coming to imminent maturity at the end of this week.
 
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