Well my hope is the project economics look fantastic and TAW gets a massive re-rating before a possible strategic deal..
My presumption is that because they are in the middle of a Due Diligence with potential strategic options and they are at the same time working out the a desktop plan, there are a lot of people with a lot of information that is not available to the market. Therefore it is prudent to put the stock into a hold until they put this information to the market..
Good luck to those that got onboard this one.. Depending what happens on Mondays announcement, I am very tempted to stock up...
TAW Price at posting:
0.7¢ Sentiment: ST Buy Disclosure: Held