Well this time last year, tv2 closed at 0.017. So if indeed holders wanted to write off tax losses, then selling tv2 in this week gone would make sense. It does to me anyway. If you believed in where the company is going and in their product then you would be jumping back in the buy line after you have completed your tax necessities.
Already we have 8 million lined up for trading in the new FY at market price, and its only saturday still.
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I really do see a nice rise come next week and if news is forthcoming, a reasonable re-rate.
We will see how it plays out, but i dont think I will be far off the mark here.
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Well this time last year, tv2 closed at 0.017. So if indeed...
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