I agree with you, TAP is getting ready for run. Even if Totem is...

I agree with you, TAP is getting ready for run.

Even if Totem is not successful the shares need to be re-rated. The good news is that Paul Underwood is leaving (should have been told to leave 3 months ago).

The new team should be able to give the company some more sparkle and improved stock market sentiment.

Poor job done by TAP management over the last few years, oil price near all time highs and share price near muti-year lows.

If you compare the news flow and market perception between ARQ and TAP you can see why ARQ in now worth AUD 396 million to TAP AUD 255 million.