no c/r + t/o rumours = perfect storm

Yesterday saw the emergence of some T/O Rumours at c. $1.35. Couple this with the fact that they have come out again and categorically denied the need for either Debt or Equity raisings makes this combination a perfect storm for investors (except if you're short... obviously...)

I think we are finally going to be rewarded over the next period of time as we will see the gains associated with a company in play !

IMO As the long rally gathers steam (in to the 80's & 90's) the shorters will start jumping over eachother to cover as they will have realised they have lost the fight.

I'm hoping to see a formal T/O approach in the short term as yesterday's news articles confirmed that there are company's rolling the ruler over OST