Iona back on the 16 March this year (or thereabouts) you posted on this stock under its previous code DVM and basically you said that shareholders should not take up their rights entitlement at 4c as the share price at the time was 8c and that the sp would slide down.
Boy o boy how wrong you were eh? Since then the sp has spiked to 23c on very minimal selling considering many shareholders taking up their entitlement at 4c. This is a very positive sign for this company and the fact the old directors have been removed and new ones appointed is excellent news!! One of them comes from Apache Energy a huge multinational company and for him to join TPT must mean he is very confident with the project off Mongolia imo.
In my opinion this company will be a star performer over the next 6 month and I am staying in and definitely not selling any shares and will purchase more on any market weakness.
Good luck to all holders!!
TPT Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held