In theory we should now be tied to the STX share price, the corresponding prices below as an example (based on the 0.4828 ratio) which shows roughly every 1c STX goes up/down TPD goes up/down by 0.5c. So as much as it may pain some, we benefit from any STX share price appreciation.
STX 40.0 41.0 42.0 43.0 44.0 45.0 46.0 47.0 48.0 49.0 50.0 51.0 52.0 1 TPD 19.3 19.8 20.3 20.8 21.2 21.7 22.2 22.7 23.2 23.7 24.1 24.6 25.1
Mongolia would only be priced in if we closed above the corresponding STX price above ie would have needed to closed 21c or above today based on STX 43c close.
I think the quickest way for us to maximise value short term from here is someone else bids for TPD. Dreams are free.
Chart -TPD, page-449
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TPD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online