TAP tap oil limited
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tap's value, page-7

  1. OzAlien
    392 Posts.
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    05/12/12
    19:33
    Post #: 11151855
    Hi Bacci,

    18 months ago I would have agreed with you.

    The new CEO and board have done a remarkable job of turning TAP around through some excellent transactions.

    Once TAP have income from Manora on steam I believe there will be a huge re-rating. Bacci is correct, the market is valuing TAP on the lack of performance from the existing board and management.

    This is where the best value opportunities are created.

    Cheers
    Oz
    TAP Price at posting: 64.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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