I understand what you are saying but you could easily argue it would be the other way round; major TPT shareholders will increase their holdings in order to maintain the same dollar value exposure to Morocco (I don't actually think either scenario is correct though).
The main point of my previous post is that it has swung from being a certainty to an unlikely event in the media reports. The views just seem to be so extreme.
If I was planning on accepting the TPT offer then I don't think I the new development would change my mind. For me it stills stands that the TPT share price needs to hit a certain height before I would accept, director resignations have made this appear more difficult. The Cap Juby result will however have a considerably bigger influence on the share price so for me it remains business as usual, or rather, wait and see.
JKA Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
