Good post Phogg. You're right for every seller there is a buyer, but clearly the sellers are winning here. Anyway, my question is, why do you think TGS can't attract a takeover bid considering everyone else is around them? Interesting to note that 30m+ shares have been done in the past 7 days (and close to 90m since the inital news about the tax that saw it drop from 36c). Either there is a bucket load of traders in this now or the seller is almost done, surely! Been saying this for the last week though. These fundies and instos take the piss when it comes to investing.
TGS Price at posting:
26.0¢ Sentiment: None Disclosure: Held
