I think there is to much profit on the table here and the sp...

I think there is to much profit on the table here and the sp could go much lower if the markets continue to stay weak.
I have seen this type of senario play out many times before in the past such as a company with a great project but many months if not years away from mining there deposit during a weak market only to continue to fall over a extended period.
In such turbulent times the stocks with the highest price rise from there 12 months low tend to fall the most unless they are cashed up or are mining there deposit imo.
If the asx 200 was to fall below 3800 I would be suprised if the sp held above 3 cents and would expect a sp of arround 0.015 cents if it stayed arround this level or lower for a extended period of time.
If things get any worst,many up and coming companies like tvn will suffer the hardest due to not mining there deposit yet or cash restraint.