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News: TAP Tap Oil Seeks Trading Halt, page-5

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katy

263 Posts.

18

08/08/18

12:39

Post #: 34800792
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Originally posted by habcos1 ↑

I suspect several things in relation to Risco,
1, Their funding costs will escalate if they keep up their hard ball for too long so their hand will be forced.
2, The value of TAP , their cah pile ,will improve dramatically over the next six months possibly attracting a better offer.
3, Risco seem to have no shame so i dont expect a great offer from them , my hope is a third party gets interested , not likely though.
Current position,
25cps or dividends would be good.

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Support your thinking, another lowly offer enough to pick up a reasonable number of shares and then later sell out higher to a third party....may believe a deal can be done with a higher % of shares.

TAP Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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