I think it will head towards the CR price after it goes ex-entitlement. If there remains good interest in the CR, I tend to find around 10% above the CR price is where they often find support. Above 10%, people will sell and buy back through the CR to try and make a quick buck. Below 10%, it's not worth the risk.
TNC Price at posting:
6.2¢ Sentiment: None Disclosure: Held
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