Thanks Halberd. I will have a look.It's a little after the lord...

Thanks Halberd. I will have a look.

It's a little after the lord mayor's show today. Where has the swarm of posters gone? Moved on to the next target while nursing their wounds?

Anyway I think TTE is good buying here. The placement was for 160m shares. Assuming 75% was the short term overhang (120m) and 63m has already been sold (of which say 75% is from the overhang), then this means that there is 120m-48m = 72m left.

At the current rate of trading, this should be absorbed at some point next week leaving TTE to be rerated on fundamental appeal.

I have changed my sentiment to buy.