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31.0¢ tawana resources nl

Probably depends on how hard taw runs on Monday and Tuesday...

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oxxa23

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29/11/18

22:40

Post #: 36696223
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Originally posted by Names little ↑

Hi all, just curious what people's expectations are for the opening price of A40.

Will it likely be less than the closing price of TAW? I sorta thinking it will be down by about 10% but curious what others feel , perhaps we are all just use to paying say 30c for a TAW share and thus happy to keep paying 30c for an AMAL share (A40) even though those same shares are only worth 27c odd in Singapore.

To make it easier can we assume all else remains the same, ie no big announcements etc between the close of trading and the re-open and no market crashes or sudden booms.

Anyway look forward to people's thoughts.

Thanks

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Probably depends on how hard taw runs on Monday and Tuesday after merger officially all cleared...(if in fact it runs that is)...

Ignoring the bigger picture it should come back to closer to what 40f closes on Tuesday night on sgx

Last edited by oxxa23: 29/11/18

TAW Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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