TPI 4.29% 73.0¢ transpacific industries group ltd

Shades of TSE here folks. Speculation surrounding capital...

  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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