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Bullboard - Stock Discussion Forum TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

TAG Oil Ltd. is an international oil and gas exploration company with a focus on operations and opportunities in the Middle East and North Africa. It holds an interest in the Badr Oil Field (BED-1), a 26,000-acre concession located in the Western Desert, Egypt, through a production services agreement (the PSA) with Badr Petroleum Company (BPCO). It is focused on BED-1 the re-completion and... see more

TSXV:TAO - Post Discussion

TAG Oil Ltd. > What a pile of garbage
View:
Post by tylerreddick on Oct 23, 2024 3:40pm

What a pile of garbage

They had to drop the price of the offering by 20%, and slash the price of the warrants.
Apparently no one wanted to buy this garbage, even at an all-time low.
Comment by oilisswell on Oct 23, 2024 5:33pm
We'll soon find out if they get the subscriptions completed! No doubt this will not be enough to get much done in the way of shareholder value. 10 million dollars for 58 million shares and much more will be needed. Badwi is bad news! Fortunately I have a small position, but this has substantuially reduced the SP for a very long time.
Comment by oilinvestor52 on Oct 23, 2024 8:38pm
we deserve better from Badwii and Toby esp given the huge salaries, fees and expense acounts.
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