TAP 0.00% 7.8¢ tap oil limited

I am pretty sure it was $45/bbl = $30m and $55/bbl = $40m....

  1. 205 Posts.
    lightbulb Created with Sketch. 121
    I am pretty sure it was $45/bbl = $30m and $55/bbl = $40m.

    Regardless, TAP is making money in the near term and with the hedging, it will continue.

    Most current shareholders must be underwater, but surely must recognise that the share price is very much undervalue.

    I think the Thai Guys are having trouble accumulating the shares required due to us all being underwater, we are not selling. hence the shot at the board to install some friendly faces, with a sell recommendation when an offer is made. but, I don't see a successful board coup, as they will not be making any friends with the way the SP is going. but it cannot be ruled out.

    I also think most of us are having a dip at their pool as the SP is coming down. I mean, why wouldn't you with a possible greater offer coming on any current purchase? if they put the cue back in the rack, a speeding ticket will be issued.

    Good luck to all.
 
watchlist Created with Sketch. Add TAP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.