TSN 0.00% 1.0¢ the sustainable nutrition group ltd

Its not as if we issued the SPP shares for nothing, the...

  1. 2,464 Posts.
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    Its not as if we issued the SPP shares for nothing, the enterprise value of the company also went up with an increase in cash from the raising so its wrong to say the company was worth 40% less the day after the SPP.

    Dont see hyprocrisy atm at all, risk is off right now-everyones been burnt by the GFC, Europe lurches from crisis to crisis as austere politicians drop the ball, Chinas slowing down, US payrolls slowing. And its coming into tax time with attendant selling for many people who got burnt post apporval and AG announcement (as well as those who follow the sell in May and go away strategy).

    So think its completely rational for some people to lock in profits from a strong rise from 26c and see where the market goes from here and not take any risk with DRR's manufacturing scale up and hospital segment penetration.
    Good luck to them, Im not letting any of mine go until we see the market attribute some sort of value to oncology and with kudos due to DRR in their marketing so far Im ignoring the ides of May and confidently holding.

 
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