I figured it was worth starting a new thread to discuss the TCN share price rather than polluting one of the existing ones, especially if the de-listing proposal is defeated next Thursday. I think that would be well received by the market given the SP was trending up, hitting $0.06 in recent times until the de-listing was first announced when it tanked to $0.037 in the immediate aftermath.
An interesting 1m bid appeared at $0.042 this morning. If it gets smoked it would be the highest daily volume since December 2016 ie in almost 5 years. Don’t think it’s Morgans on the buy-back but could be wrong...
TCN Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
