Since the announcement of MB joining the board the share price has now tripled. There has been no announcement from TTE on anything concrete that could cause the share price to rise. So I guess it's fair to say that much of this has to do with M.B.
I mentioned at the time that previous shareholders of TTE could consider themselves lucky that MB got involved in their little penny dreadful. He will bring renewed enthusiasm to this story.
A 300% rise is a mighty effort in anyones book.
Will be interesting to see what will happen once the consolidation has taken place. I would imagine they will be trying to coincide that with some positive news. But that is just a guess.
Volumes have picked up considerably during the past 3 days which may suggest something is brewing.
Interesting times for this company.
Cheers.
GEV Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
