Am I the only one who picked up on it.Back in 7 April TEE...

Am I the only one who picked up on it.

Back in 7 April TEE annoucned a heads of agreement for a medical services supply deal....

Now they update us with deal imminent..... See slide of "opportunities" in the AGM presentation.
TEE talk about the consortium agreement expected before end of this month and orders to start flowling in shortly thereafter...so either december (this qtr earnings upgrade) or 1st qtr 06 (FY06 upgrade)...
In the analyst report (2nd last page) he's valued that deal as $5-15m in revenue with 25% NPAT....or equating 0.2-0.5c EPS for FY06.....errr at PE of 10 that's 2-5c and at a market valuation of PE 15 that's 3-7.5c per share just on the Medical services deal.....

Jeesssh if this comes out boy will it make a major share price move on TEE, considering that would add 2-7.5c to the analyst's estimates alone....

I wonder if this buying of late has been due to this??

there have been some big buy orders coming in from many diff brokers...and the only big net seller seems to be commsec (day traders or short termers).

I agree the gap open was too high at 4.9c yestereday and that probably saw it get oversold down a bit- better to have gapped at 4.6c and closed at 4.9c....but I expect today to either bounce in the morning or just reverse yesterday's late arvo selloff from the start- again one commsec seller who kept moving down pushed the market...I notice he also puts a buy order one to three lines below his sell and never sells to a commsec buyer.....pushing it down to get more???