I forgot to take into consideration that there will be some investors who took up the TAS latest rights issue, who will now have to sell some of their TAS shares in order to finance their very recent rights issue purchases.
Therefore, there is likely to be some occasional selling over the next few weeks that will temporarily slow the Pernatty related rally somewhat. This appears to be have been the case today.
Please note: Every post of mine is my own personal opinion. Every reader and/or investor must do their own research. This post, and indeed all of my posts, do not provide tax, investment, or financial advice. The information in all of my posts is presented without consideration of the investment objectives, risk tolerance or financial circumstances of potential and/or existing investors.
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