Has been trending down in recent days. No particular reason and trading range has been 60-70c for a while. Will not break out will occur until we get a trading update. Potentially at the AGM on 30 Oct.
Market is pessimistic and will continue to trend down in the absence of a positive announcement.
This has been my worst pick in recent times, based on many fund managers calling it the top pick for 2015 and a great turnaround stock. Still might turnaround, but as Keynes said in the long run we are all dead.
TPI Price at posting:
63.5¢ Sentiment: Hold Disclosure: Held