TSV 0.00% 0.8¢ transerv energy limited

45 million to go.

  1. 5,072 Posts.
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    Despite a few brokers and their mates getting upset at those that critisize the placement, the fact is that the selling is showing no signs of slowing down.The fact also remains that the timing of the placement was the dumbest I have ever seen and has put a serious damper on the sp. By the time we get around to testing we may get a small period for a breather . It may not be for long because the options will get approved late in April and the SI's will want to convert and continue dumping, probably happy to take 2.9 or 3 cents.
    By now I am sure that even the TSV Board recognize the stupidity of letting themselves get painted into a corner because they were running out of cash, and had no timing flexibility in their schedule.
    All we can do is hang in there hoping that the testing is as good as forecast.
    Occam
 
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Currently unlisted public company.

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