Great bits of commentary from a few people above. Good to see the greed being called out.
The first being that we are being valued purely on Walyering and even those valuations are selling it short where they can. Valuation is at $0 for our other spots in WA lol okay.
The other good point was regarding Strike funding. That’s what this is all about, they need the extra cash to fund their projects and the strategy they’ve been advised is a smash and grab. Smash TPD in AFR/Australian/here and pick up the company for cheap.
If someone really wanted to acquire Strike in the future, it would weaken them to pounce on Talon now and restrict their future cash flows. Just a thought, a long shot.
TPD Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
