TAR 0.00% 0.8¢ taruga minerals limited

Ann: Strongly Supported Placement to raise $3.5 Million, page-105

  1. 5,711 Posts.
    lightbulb Created with Sketch. 1820
    So JB would appear to be TAR's largest shareholder and ??? perhaps likely to increase his ownership at 2.8c, via his tenancy buddies, BP, in his Exchange Tower development. https://www.whereis.com/wa/perth-6000/yellowId-14926073

    Such a high profile investor must have connections like no other over there on the West Coast ... about as inconspicuous as a Trump ... hence it'll be interesting to analyse he and a few of the other larger shareholders and what they get out of the 2.8's.

    But one thing's for sure - they're not there for a short time 'cause they need a quick stag for 10%!

    And it probably makes sense that BP got the business.

    2.8c ? it really doesn't matter in the big picture.

    And there's no likely shortage in liquidity prior to the CR, to sell into the recent news, which is why I'm interested to learn what the largest shareholder/s acquired in the latest CR.

    It's probably all fair in the heady corporate world of the ASX ... so when the CR storm has passed and news starts in earnest, let's not be overly worried about being strong longs and being righteous retail shareholders when it seems perfectly obvious that TAR is going to be an investment device of the well healed in Perth.

    Such an opportunity to be very clinical about your investment. So perhaps throw away the emotions and enjoy the forthcoming roller coaster ride with the difference being that it probably gets ridden in reverse starting from a standing still position at ground level and finishing somewhere in the clouds.

    Well that's one scenario - let's see if it's right. If so learn to play the game and we can all do very well here.
 
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