TAP 0.00% 7.8¢ tap oil limited

asymmetry of risk, page-48

  1. 20,377 Posts.
    lightbulb Created with Sketch. 1988
    Bacci wrote
    "Sheepskin,
    TAP's NTA is about $1.00, but its true value is 53c.

    The difference is the value the market puts on the probability that the value of its assets will not be passed through to shareholders. Reduce that probability and the difference reduces.

    Simple.

    Bacci"

    Bacci the only simple thing in the above statement is your opinion which I believe will be proven wrong once sale is executed
 
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Currently unlisted public company.

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