Yeh usually there'd be an update if MOU had expired, so definitely a positive. Good management (which TMT have) usually informs promptly on the bad and flexing on the good, because when it comes through, if good, shareholders don't complain. I think we're sitting pretty.As far as the share price, well its always a good sign when you have bots/algos nibbling on an illiquid stock and the SP continuously holds an uptrend. Today I saw some centre point trades go through, the dark pool, at 27.75¢. You can never tell if its a bid or sell sitting there. But today if u caught it, it was a buyer there, which is a good sign. A trade went through just over 12.5K units in 3 parts, 12.5K of it was in 2 parts, and immediately up went a sell Chi-X trade for 12.5K units worth. So obviously it was a sell into a centre point buyer.Point being, we don't often have centre point trades going through, even retail can do this, Commsec offers it, I rarely bother using it unless micro cap garbage stocks, but a pretty solid price point atm, imo, and 27.75 should be solid if buyers are hiding there to buy.
Anyway there's a scent in the air and it's not poodie.
TMT Chart, page-248
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