TLG 1.14% 43.5¢ talga group ltd

Ann: Trading Halt, page-12

  1. 1,016 Posts.
    lightbulb Created with Sketch. 647
    This is on the Swedish Supreme Court. Ridiculous.

    That said, it isn't the end of the world. It's just a cap raise at a far lower price than was expected or hoped for. Talga isn't the first and won't be the last to make a tough call like this. Provided the raise gets us through to a decision form the SC, plus offtake plus finance, then it's really just a bump in the road to get to our destination.

    I'll speculate at ~30 million shares. I think they will keep it small. Just a guess.
    Last edited by StockyHint: 26/07/24
 
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