TPI 4.29% 73.0¢ transpacific industries group ltd

the yoyo, page-12

  1. 733 Posts.
    Shades of TSE here folks. Speculation surrounding capital reserves or debt covenants.

    Trading halt to announce plans of capital raising. I hope for the long term holders of TPI that they dont announce a deep discount to the last traded price.

    Was tempted to hold this one overnight yesterday but their comment about capital reserves in yesterdays announcement was a dead give away. Been there, done that with Transfield.

    Goodluck
 
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