TLG 2.08% 47.0¢ talga group ltd

If that were the case, scrambled, then you would be describing a...

  1. 3,926 Posts.
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    If that were the case, scrambled, then you would be describing a very attractive trading target, at a potential 33% per trade- which is unachievable in a term deposit. So the worst case scenario is a very good return. Now that may be why the shorts, and presumably the traders, have been turning up for their shift.

    However, there is always the contrary possibility- that the Svea Land and Environment Court of Appeal will come back with a positive decision for Talga, and the mine will be constructed. In that case, the longs will certainly have won the day.
    Last edited by jhunt: 30/07/23
 
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