TPD 0.00% 21.0¢ talon energy ltd

WGO tried to play smart too and that didn't quite work out....

  1. 4,868 Posts.
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    WGO tried to play smart too and that didn't quite work out.

    Remember STX is the operating major partner in what TPD are relying on for cash.

    If I were STX (with no exposure to TPD), I would dry up TPD's cash and then pounce.

    (I hope this isn't what happens as I have a stake in TPD), hence, thought what was on the table (better price to the share price, better value to the status quo) was a missed opportunity.

    Market does not look confident with Colby

    As for the CR projection, my source is the quarterly. But yes, I agree if Walyering starts this risk is reduced
 
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