TLG 0.88% 56.0¢ talga group ltd

Ann: Share Purchase Plan, page-3

  1. 2,145 Posts.
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    Nope. Not when the obviously started shopping this round a few weeks ago when we had the plunge into the 80's. The motives behind that are now obvious. If it came with Oppies at $1 then it would be a different story. ( although its not fully underwritten here so I may be slightly off, but for the moment until I see otherwise that's what I'm going with).

    Not saying I'm not interested in increasing my position here or any less bullish on it, but for that price I will leave my current order in the cue on market at a discount to the raise, as a $1 will now be the top until the end of NOV.

    The one outlier will be (and possibly this is why its been done now) if the court hearings will be announced imminently or an offtake (unlikely till the appeal is finished), or a combination of the two.... in which case then I might be interested.

    I am thankful that the raise wasn't done at .80 or something though.

    Looking forward to Thursdays meeting to see if mark can share some more details.
 
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