TEG 16.7% 0.7¢ triangle energy (global) limited

Cliff Head Rehabilitation, page-120

  1. 1,410 Posts.
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    100% agree Q. And when you next talk to management you might want to ask if they believe they need another CR. I bet they say something like "why would we want to do that?" They definitely believe they won't need to and they definitely don't want to because they and the big holders know they are sitting on something very big. You are also correct about the confusion tactics. It is very clear. The motive? I don't want to be moderated but there could be some interests wanting it to be very weak. Won't say anymore. The fact remains that the oil find in the Xanadu area and the 30% TEG has plus Arrowsmith is worth around 10 times its current share price in 12 months. The DJC valuation supports that easily if Xanadu is big. If there is no CR then working on the SP to weaken it and so others can buy in or even promote a TO makes sense. I know some of the big holders are keen to keep this all to themselves and so do I. So again I say ignore the smokescreen tactics and either accumulate or hold and support the management plan unless if goes off the chart but I am not seeing that. If the negative posters were criticising the strategy with logic I would listen, instead they babble on about figures to confuse and cause doubt. The LT holders should not be distracted. Back into my bear cave for me.
 
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