TDO 1.05% 9.4¢ 3d energi limited

the floor was at 5 cents without the dls offer. the overhang...

  1. 2,405 Posts.
    the floor was at 5 cents without the dls offer.

    the overhang from veritas will not be positive for the shareprice.the escrowwed stock will be likely to move--it will go into the takeover,or the market.

    antagonism between the big tdo holders is not what you want in a junior.

    i think that beach with cheap bolt ons from dls and tdo [and now after the big tipton payout,the cash to develop the leases]will be a company with good growth potential.

    i can see the beach shareprice outperforming the 3d shareprice---and 3d is a cheap entry into beach if the offer comes off.like buying a beach share for two thirds of todays price. why wouldn't you try for the cheap entry.
 
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9.4¢
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1 300000 9.0¢
 

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Price($) Vol. No.
9.5¢ 384001 2
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