Australia's largest stock trading and investment forum Australia's #1 stock forum

TPD

Click for more information

0.00%

21.0¢ talon energy ltd

Be funny if it was the other way around, initial flow results...

First 450 Last

Share
Profile

Follow
Justadabble

9,160 Posts.

3100

15/08/23

20:37

Post #: 69355813
Share

Originally posted by ellj13: ↑
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.
Expand
Be funny if it was the other way around, initial flow results from Gurvantes spiked TPD which led STX up. Walyering production is a common event. STX drilling has never moved the needle in the past so all eyes Gurvantes I suppose.

TPD Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

TNC

True North increases silver metal at QLD's Vero deposit by 20%

Emerald & Azure score Digger & Dealer awards

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Revolutionary inverter technology leads the clean energy charge

Bitcoin: Current State of Play & Where to Next | Swyftx

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

There are more pages in this discussion • 4 more messages in this thread...

First 450 Last

Add TPD (ASX) to my watchlist