True its not a great look for Tribeca, but it wasn't underwritten, so not sure what people expect them to do. They can't control if retail want to sell, would actually be interesting to see who is selling if anyone has the broker data. Lots of retail holders will be sitting on healthy gains if they bought in lower.
Don't think it's ideal to let the SPP run though to January though, as people know the weakness should continue until then. So if you're holding from much lower, then you can safely sell here(depending on tax circumstances), lock in profits and most likely buy back in the new year.
All just my opinion, but there is noticeable softness across the mining juniors from what I've seen. Every announcement is getting sold into as we approach the break.
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