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6.00% 4.7¢ tivan limited

I hate to be a downer, but given the markets reaction to the...

  1. Linshan
    1,431 Posts.
    lightbulb Created with Sketch. 23
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    11/08/15
    13:35
    Post #: 15785755
    I hate to be a downer, but given the markets reaction to the latest OUTSTADING news, Tivan DFS etc, I think 97c after off takes and financing is a little too enthusiastic IMO.
    I will be suprised(pleasantly), if we crack 50c.
    IMO a serious re-rate will only happen after contracts for the many building projects are signed and the bull dozers start moving in.
    The $+ sp will only be realized once the first shipments have been made and the cheques have been banked.
    Only my musings and anything could happen......couldn't it?
    TNG Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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