TLG 5.75% 46.0¢ talga group ltd

Hi AllAsking around some brokers, the word on the street is that...

  1. 2,078 Posts.
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    Hi All

    Asking around some brokers, the word on the street is that our largest shareholder, Kinetic Investment Partners, Fund was closed down some time in the last 4-6 weeks and the assets are currently being liquidated.

    I have been searching for some news but as yet not found anything.

    Their website is no longer available, and their phone is disconnected, so it doesn't look good.

    According to the last Webinar presentation they held 4.7% ~17M shares.

    I don't know how much more they have to dispose of.

    Gero mad.png







 
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