This is great news and the market has not reacted accordingly. Nor will it at the moment. The markets are very fearful at the moment so any good news and people see it as an opportunity to get out and retain there capital, and sit on there cash until markets recover.
Having said that when they do this should go much higher. I have seen many good announcements recently from other companies and the sp reaction has been subdued.
Having said that a good opportunity to accumulate well below its fair value, thats what I will be trying to do. The markets will recover at some stage and then true value will be factored in which should be much higher.
It is annoying though.
TPP Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held