Sle I'm not saying that this company is anything like BAL because its not, I'm sorry if it came across that way. I was just using them as a example of the ideology behind thinking that this is going to crash to .25c just because new shares are issued at that. I know 90% of the time that is what happens, but when the herd thinks its a good co sometimes it doesn't happen. ELD was another one when it did its SPP.
Also, I'm more talking about the trade opportunity here, be it 4 days or 4 months. Its a hot sector with a perceived new entrant, so sometimes emotion over rides clear thinking. I think I'm on a different page here to a few people so I will just see how this plays out.
Cheers.
TFL Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held
