TNT Chart, page-2774

A cup and handle is possible, but it's too early to call or expect it IMO.

Including today there are only 10 sessions left, at most, before the quarterly. Given how tangibly undervalued we are, it'll be interesting to see the market's reaction when it's clearly spelled out. But, since there may be nothing particularly new, no surprises, the market may not even blink. I'm quietly hoping that since they just put out an investor presentation which outlined some of the key figures which we'll get in the quarterly, they may have something pretty to show us rather than just repeating, but if I had to guess, I'd expect no big surprises in the report, just the spectacular stuff we already know and the market doesn't seem to care much about!

I'm guessing and hoping we'll get the quarterly a little early. No doubt after the last one (wow, three months went by so quickly!) they'll be absolutely sure to get it done very promptly with every i dotted and t crossed, and it'll be really good even if not surprising, so they'll probably put it out at a time when it will get maximum attention rather than at 6.30PM Friday next week. We might even see it early next week. Very difficult to predict the response, it could be anything between nothing and a sudden rally to high 30s (or more). I do think that when it runs, it's going to run hard, but it could be next week or it may not happen for a long while. IMO the chart isn't strongly indicating any particular direction is particularly likely, other than it not being likely to go down from here (it could sit flat, it may go up, and if it goes up it could be slow, sudden, smooth or erratic, slight or extreme - I'm seeing very little indication at present). It's likely that we'll sit quite stable between 23 and 25c until the quarterly.