TBN 0.00% 18.0¢ tamboran resources corporation

Reckon there’s a good chance that the underwriters will try to...

  1. 811 Posts.
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    Reckon there’s a good chance that the underwriters will try to lock this in next week. So assuming volume stays low and sentiment is ok, it could be priced around 15c CDI equiv.

    The listing should be oversubscribed so you’d expect a pop on listing, if properly handled. So we could even see the share price motor a bit from here. US subscribers will be locked in.

    The lock-in period for subscribers to the US issue is generally set at 180 days from the date of the final prospectus. During this period, shareholders are restricted from selling or transferring their shares without prior written consent from the underwriters.

    Bullish. Fully funded, permitted, binding NT offtake. All systems go for FID this month, perhaps. No sign of the concierge Jimmy but we’re already on the bus!
 
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