Thanks for the explanation Neil_Wa and pmunt.Your comments make...

Thanks for the explanation Neil_Wa and pmunt.

Your comments make sense, and I was on the same chaing of thought- hence, my confusion related to the sharp drop.

Given that the news was "warm" news, do you both have any thoughts on the SP recovery back towards 80 cents? Or, to you think the 22 May results will be the only factor that can influence this.

What's your position and strategy with TDO at the moment?

I sold about 80% of my holdings at 79 cents, but bought only a portion back in at 72 cents. So, I still have some of my original holdings at 45 cents, but am dissapointed at myself for the 72 cent repurchase after having made an inital profit.