I mean u cant go wrong with 0.6cents really. 0.4 and 0.5cents were better buys but the spp thats coming out is at 0.6cents. The max you can lose is 6000 for 1 million shares. but the upside is enormous.
To me, I am buying for the long run because its simple and they have a damn good plan:
If tnp fails, blue sky loses money
tnp needs to drill, reserve and produce
blue sky will distribute and sale
what a smart move for bluesky to pick up such a big asset for so little money. We cant go back and say what if cos that was out of our control. Going forward, I reckon this is one for the long run and not just a pump and a dump but i am sure a lot of people will do.
TNP Price at posting:
0.6¢ Sentiment: None Disclosure: Held
but the upside is enormous.
