I dont subscribe to the too many shares on issue. I am not trying to be rude or anything but really out of 1.5b shares, 50% wont be traded. 750m left, the HK investors may churn but thats to build a bigger stake. Unless I am wrong I doubt any of the top 5/6 investors on the register would sell. I just care about the market cap, we are at 16m. Plenty of room to run
I am not worried whether we will get a run or not, all I am worried about it getting the right project and the money will take care of the share price. We wont know what will hit us when the asian investors start buying. They wont be so calmly and buy in small chunks, they buy with big orders. I know so because PSC has chinese investors all over it during the run up to 7c and the capital raising from China at 5c.
TNP Price at posting:
1.1¢ Sentiment: None Disclosure: Held
