TLG 7.69% 48.0¢ talga group ltd

What are the next Steps - Court decision, page-131

  1. 4,980 Posts.
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    Instos aren't going to touch this unless it's at 20c

    They will do it to retail after a pump announcement.

    I'm calling it now

    • Nothing announcement packaged as market sensitive with buzz words
    • Mini price rise
    • Trading halt
    • CR at steep discount to VWAP (I'm calling between 35c and 40c)

    Share price will drift to the CR price

    My guess all shareholders will be able to subscribe up to $25k or more (and it will be basically all you can eat)

    So I plan to top up at between 35c and 40c, funded by my sells at 70

    It's how the instos do it
 
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