TPT 0.00% 0.9¢ tangiers petroleum limited

Nammuldi,None of her fully paids were escrowed. She bought 1.8m...

  1. 609 Posts.
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    Nammuldi,

    None of her fully paids were escrowed. She bought 1.8m oppies at 3c just before the ex date, and on the same day bt 200k fully paids on on mkt at 22c (helping to keep the price up). She then ex'd the oppies at 16c to be all in for a net 19.3c.

    She's always been free to flog the lot...which could be happening and then free ride her "hello' options for the next 18 mths.

    But I still think she'd be under much less pressure than other shareholders who were involuntarily constrained for 2 months from selling and had little choice but to toss some/all when finally let out of trading prison.

    Cheers
 
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