TSV 0.00% 0.8¢ transerv energy limited

Ann: Major Value Boost for Canadian Unconventiona, page-27

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  1. 8,705 Posts.
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    re: Ann: Major Value Boost for Canadian Uncon... The retrace, I think, can be explained by a large holder continuing to sell. Before the recent announcement, they were happy with 0.9 cents, now with 1 cent. I wouldn't be surprised if the underwriters from the last CR still had some shares to offload as it been pretty consistent but non-panicked selling.

    I should add that I think the retrace is unwarrented given fundamentals.
 
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