TAP 0.00% 7.8¢ tap oil limited

Ann: Tap advises take no action regarding Risco takeover bid, page-20

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  1. 758 Posts.
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    I sold about 20% of my shares as Im in a decent profit.
    Id be very surprised if the offer is not raised. Risco clearly want more shares and wont be getting many (if any) at 7c. Surely they (or someone else) will have to pay a fairer value.

    Obviously the results of the drill program (which is not far away) and a future resource update will give a better idea of what fair value is.
 
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