Wait and see who is buying, the Chairman has underwritten a raising at 10 cents, it wouldn't look good if the share price was still in the 4s or 5 cent mark, i think it will still push higher until after the raising, if it does get to near 10 cents IMO i think investors will be dumping their shares.
I guess the quarterly will tell a lot about how much they are spending each month, I think it will be around $900,000 per month.
I do believe TSP could one day be a viable company, but at the moment cost are far to high and revenue far to low. How many more raising are going to be needed before they become cash flow positive?
SP1 Price at posting:
7.3¢ Sentiment: None Disclosure: Not Held
