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VIDEO EXCLUSIVE: TSX-listed Transglobe Energy Corporation considers London listing Watch here

VIDEO EXCLUSIVE: TSX-listed Transglobe Energy Corporation considers London listing


Tower Resources Share Chat (TRP)



Share Price: 2.25Bid: 2.25Ask: 2.50Change: 0.00 (0.00%)No Movement on Tower Resources
Spread: 0.25Spread as %: 11.11%Open: 2.25High: 0.00Low: 0.00Yesterday’s Close: 2.25


Share Discussion for Tower Resources


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Aymesco1
Posts: 4,029
Observation
Opinion:Hold
Price:2.25
Rise
Wed 08:53
Well still nothing its a disgrace!!!!
 
kenj
Posts: 1,401
Off Topic
Opinion:No Opinion
Price:2.25
RE: Rise
4 Sep '17
The problem is that you can't sell now, even if you want to. The shares have been suspended since 12th May.

This is from the 12th May RNS:
"the financial condition and prospects of the Company have deteriorated leading to significant uncertainty and in order to minimise forward outgoings current employees have been provided with notice of termination of their employment.
Consequently the Board is now considering alternatives for the Company, one of which may include the appointment of administrators, and a further update will be made as soon as practicable."

Little appears to have changed since they released that statement in May. They still have not managed to find a partner prepared to buy into the Company's Thali asset, and the shares remain suspended. On the plus side: the recent fund raising has bought them enough money to pay director salaries for a few more months, before they are forced to call in the administrators.

As Roulette asked earlier "How can TRP sell shares in suspension period?"
Aymesco1
Posts: 4,029
Observation
Opinion:Hold
Price:2.25
Rise
30 Aug '17
The problem is if you sell now you'll probably get jack all, everyone has lost so much money here i my self will just leave it, ill need about £2 sp before i get my money back!!!!!!
dougal66
Posts: 18,921
Off Topic
Opinion:No Opinion
Price:2.25
RE: relist
24 Aug '17
Trying to fathom TRP
But as things stand, if this relists there will be a mad rush for the door
Purdey
Posts: 860
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2.25
AGM results
15 Aug '17
steve196
Posts: 746
Off Topic
Opinion:No Opinion
Price:2.25
relist
9 Aug '17
When this relist TRP will dive 50 or 60%, then I will buy them for lower than the open offer.The point is it always goes lower than the open offer, sin there be no drilling until next year.
JBkind69
Posts: 7
Off Topic
Opinion:No Opinion
Price:2.25
RE: Re open offer
8 Aug '17
Tower definitely need to miracle to help them with this major oil company cast off block!
Parpaing
Posts: 875
Off Topic
Opinion:No Opinion
Price:2.25
RNS
8 Aug '17
Over-subscribed - but not by me. I'm 5000 down with this stock. I hope the Cameroon operation is glowing in the dark too.
steve196
Posts: 746
Off Topic
Opinion:No Opinion
Price:2.25
Money to burn
7 Aug '17
I didn't take part l'm £900 in the red here. With all these duster they had over the years i doubt they will find anything. It seem alot of traders have got alot of money to burn here
EDLOG
Posts: 460
Off Topic
Opinion:No Opinion
Price:2.25
RNS
7 Aug '17
Substantially over-subscribed?




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