Maybe I should not have use the words "too cheap" that is my own opinion
But if you were management and you read the rules under continuous disclosure and it states clearly -
" to avoid trading in its securities happening on a basis that is not reasonably informed "
(I didn't write this its a copy and paste from the asx website)
You then witnessed your shares trading at around 60% less than the cash value (we will find out, again its my own opinion). What would you do?
There is nothing we can do, whatever the announcement is, will be.
Again its my own opinion its just another lost opportunity for me to make what I think could have been an easy 20-30% gain. I known I'm not alone in my thinking nearly 37 million shares were purchased yesterday. So someone out there must agree that a price around 4 cents is a good investment.
TPT Price at posting:
3.8¢ Sentiment: None Disclosure: Held