TAP tap oil limited
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For TAP, the downside of the higher oil price1. it becomes an...

  1. vvguru
    44 Posts.
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    16/07/07
    20:59
    Post #: 2625299
    For TAP, the downside of the higher oil price

    1. it becomes an expensive takeover target.
    2. its 100mil cash looks less attractive.
    3. anymore to add?

    TAP's reserve is declining, so you are betting on its oil explorations? which often can be hit or miss.


    TAP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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