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7.8¢ tap oil limited

It was always going to be an asset strip.I personally dont...

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Jonric

552 Posts.

32

30/08/18

10:10

Post #: 35286455
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Originally posted by brewer_xl ↑

I think that the 25.11% that Thomas Soulsby is shown holding at 1.5.2018 is the same 25.11% that Risco holds before and after. Check AFR TAP shareholder info. So it looks like between Risco and NGP there is only about 58% held even now. While they can claim that there is no value to them in the imputation credits, I am sure if need be they could devise some way of extracting that value - maybe get full control, strip out cash and assets, sell TAP shell with credits to an Australian co, for instance? Got the phone call today, will be continuing to hold my 1.3M shares, 9.1 cents well underdone in my opinion. Brewer.

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It was always going to be an asset strip.I personally dont believe they could have funded a 100% take over any other way

Good on all of us for holding firm on this.

Some pretty good comments. Many SH are a little edgy to say the least. I hope we can use that to push for the company to develope itself---just like Risco would have done.

TPA

TAP Price at posting: 9.1¢ Sentiment: Hold Disclosure: Held
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