TVN 1.92% 5.3¢ tivan limited

is dunkirk the solution to tng, page-4

  1. 2,734 Posts.
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    I am in TNG in size as well but I dont agree with the Dunkirk idea. To actually pay market price to the ANZ morons seems crazy given there is no way they can liquidate that position without dropping the price down to 10c or lower.

    The market is recovering and my attitude is stuff them - let them sell at bad prices. I am patient and will happily load up if it gets down low enough. I cant imagine that management would have bid anything more than 5c to ANZ and the fact that John Barr sold tells me that they are not interested in paying up for the block.

    let the market do what it is going to do and once the stock is digested TNG will recover back to its real value which should between 30 and 50c.
 
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