What an honour to pick these up at below the recent cap raise price, and way below TERP.
As an aside - I worked out that with the SP peaking at 2.30 less than a year ago, and now having fallen to $1.70, the SP might retrace to approximately TERP (around $2.00) from the recent cap raise, which would be about right. Also technically TGA double bottomed today - recent bottom was about $1.72 (or $1.75 unadjusted).
We'll soon find out whether the miracles of fib. apply to this, or whether it is bullshirt!
TGA Price at posting:
$1.76 Sentiment: ST Buy Disclosure: Held