RRS range resources limited

tpt vs ip strategic investment

  1. 3,673 Posts.
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    Can anyone work out what the strategic investment synergies are between TPT and IP?

    Range sold Texas to get money to uplift T&T and now that has been more than spent acquiring a 2 bit company with a balance sheet with so many holes it you would be ridiculous to merge.

    Shareholders must vote against the merger and then vote PL out as the merger is a joke for shareholders and just a red herring for what must be very poor performance in all other assets.
 
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