Any slowdown in China and TMR is history. Any positive announcements will be met with many of the 7500 shareholders selling into any upward movement. We are stuck here in the low teens for a few months yet. A dip to 9.7c and I am chasing the falling sword. Out at the moment but would have to say that all is not as glum as I and many have portrayed of late. This isn't a change in sentiment more of an optimistic outlook with shades of terror. I still think that the assets and turnover(albeit diluted dramatically) are worthy of a much higher price than what TMR trades at today but I am not ready to stick my toes in the water. I reckon all would be hoping for some positive results on a local basis without turmoil in the international share and financial markets. Since I am on the sidelines I am erring on the latter occurring and hesitant to buy. I will maintain my short term sell with a long term buy recommendation for what its worth. My previous guesstimate of TMR in the 60's by Xmas (made about 10 months ago) is readjusted to a very optimistic 25-30c if all goes to plan. STILL SACK HUGH but I understand that this in itself would send the shareprice plummeting which would suit me if I wanted to enter the market but it would cause a lot of pain for those still holding the bag.
TMR Price at posting:
0.0¢ Sentiment: ST Sell Disclosure: Held
