It had a spark of hype because of statseeker which then got dampened by the profit guidence in the next FY.
It happens, market inteprets different things in different ways.
At 8c/share the divi is around 2.4% annually if they had two divis, for a spec stock thats amazing.
Directors have indeed bought heaps.
MC currently currently sitting around 19million, which is cheap for the sector based on profit guidance (PE of 10-11 vs sector PE of 17) and if earnings surprise in regards to statseeker could see far more than 50% growth.
It depends on performance and perception as always. DYOR.
TCN Price at posting:
8.1¢ Sentiment: LT Buy Disclosure: Held