TNT 0.00% 13.0¢ tesserent limited

Ann: Half Year Report - commentary, page-116

  1. 5,578 Posts.
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    It's definitely true that we may go lower. As I said, we may hit that 21c target (and if we do, I'll throw every spare penny I have at it). But, 23c could have been the low. This is obviously a game of chance to some extent. If it recovers now, I timed it almost perfectly, if it hits 21c, I could have got a better deal. Either way, I think we're going to be over 80c within 18 months, so anything in the 20s is great.

    You might be right about not being over 30c in a hurry, but I'm not planning to sell until we're well above the 30s anyway.

    If you're a short term trader, sure, you may see things differently. If you're a long term investor, it's not painful for the price to drop before hitting your target. And hey, looking at the very short term, it's still morning and as of this moment, I could already sell today's purchase at a profit if I wanted to.
 
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