One thing everyone that starts trading stocks becomes aware of sooner rather than later is; everything always takes longer than expected.
All my resource stocks have the same problem on a recurring basis. Everyone gets excited about what is about to happen "real soon now"... and then it doesn't happen for months. And people start getting dejected.
And often... they leave... after waiting months... just before the big jump they had waited so patiently for.
I have no doubt that they are working on this very hard. Just as with the options - it is in their own best interest to get the SP moving, to get the news out, to make the AGM as easy on themselves as possible.
The only reason these things take longer than expected by us looking in from the outside, is that there are always just so many more details and moving parts inside doing what seems simple to the casual observer.
I get frustrated too... and 1.5m sold at 0.3c earlier today suggests at least one person was frustrated enough to sell some shares just as yesterday was showing some significant interest at 0.4c, but the only options available are to wait patiently for it to happen, or to give up and move elsewhere.
Now, if you *really* think TNR are sitting on their hands, twiddling thumbs, then maybe leaving is the better choice. But I don't believe that for a second, and as much as I hate waiting, I'll sit here till it happens.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.694M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $5.52K | 1.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 27635183 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5460623 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 27635183 | 0.003 |
14 | 19134165 | 0.002 |
7 | 25100000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5460623 | 8 |
0.005 | 6292894 | 9 |
0.006 | 9952857 | 10 |
0.007 | 13841555 | 7 |
0.008 | 342678 | 1 |
Last trade - 15.10pm 11/11/2024 (20 minute delay) ? |
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