TPD 0.00% 21.0¢ talon energy ltd

Ann: Trading Halt, page-57

  1. 183 Posts.
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    Does everyone here understand how devastating a $14m raise at 0.145 is?

    It takes our market capitalisation from 85m to 110m.

    That means that if you bought at current prices, you would double your money if Talon become a 160m dollar company. Now, after this raise, to double your money Talon has to become a $220m company.

    To triple your money at current prices, before the raise Talon only had to become a 240m company. Now, after this raise, to triple your money Talon has to become a $330m company.

    Makes me want to vomit.

 
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Currently unlisted public company.

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