They are trapped like a possum in the head lights.
I am certain they were looking to self fund their bid from the Tap cash pile.
They will now need to fund their shares out of their own resources.
Just a few weak hands a day sold out---and good on them as each would have his/her own very good,well thought out reasons for doing so.
On another note. Risco spilled the board and put in place their own puppets( sorry muppets). Now its our turn to start
A campaign to spill them and spport the other two large shareholders who did not blink first.
The fact that they did not sell out is a compelling reason to support the future of this company,spill the board of any Risco remnants despite their 33% holding and use the cash build to invest in further reserves. There are great opportunities out there.
I'd like to see Tap touching 60c again.
Go you good young thing.Is that possible?
TPA
TAP Price at posting:
9.1¢ Sentiment: Hold Disclosure: Held
