BUZZ-Australia's TMK Energy soars on Talisman Deeps divestment

Reuters
16 May
BUZZ-Australia's TMK Energy soars on Talisman Deeps divestment

** TMK Energy TMK.AX soars 20% to A$0.003; marks biggest intraday pct gain since May 9

** Co executes agreement to dispose of its 20% non-operated direct interest in New Zealand's Talisman Deeps Project for A$1 mln ($640,200.00)

** CEO Dougal Ferguson says sale "timely and frees up resources", "provides some potential future upside" to co

** YTD, TMK gains 20%

($1 = A$1.5620)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10