It's actually a good thing that the end result will only be known in the new financial year. Right now I would suggest there is plenty of tax lose selling going on right across the market. If good news is coming much better to get it next week and beyond.
How else can you explain over 3 million done at these prices.
TNP is not the only stock to have it's bottom spanked. This is far worse then the GFC. That was quick and brutal. This has been a long drawn out affair that seems to get progressively worse as we near the 30th of June.
TNP Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held