TPT 0.00% 0.9¢ tangiers petroleum limited

London in love with TPT, page-37

  1. 6,831 Posts.
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    Yes, this is all too familiar. While the HC crowd will pound me.......whatever price we settle on in this short while, the CR will be 20% below it - maybe worse if free options are built in. The CR level is greater that the market cap so we are looking at a serious dilution. .008 with mew share issued is a larger cap than we have now. So the strategy I think is to wait for that - they need to raise a lot! Ring the company when the broker is appointed and ask to be referred to the broking house. Set up an acc and buy. Better still, just let the market come back to the placement price or a touch below and buy that. Just an opinion but Merchant you sound like you know your stuff!
 
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