TEG 6.67% 0.7¢ triangle energy (global) limited

Ann: Request for Arbitration from PDPA, page-29

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  1. 173 Posts.
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    Yes Oxytorus that happens as well whereby they offload to a broker or corporate actions mob the 6 million shares at month end when they exercise the call options and the other guys sit on the offer for a week or two to sell down the 6 million shares.

    FYI I am a GAS shareholder (so I keep an eye on what TEG is doing) and they are currently doing a small capital raising to pay for the corporate action types and lawyers.
    Given GAS now also has court action as well to get its hands on the remaining 20% of their mining lease so they can move to 100% ownership I suggest corporate action could be a few months away pending the court legal decision rather than this month. If it was this month they would not have had to do a capital raising and GAS would have been taken over. 

    Just my personal opinion and everyone else is entitled to their opinion. 

    Just keep researching for the facts.
 
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