A 40% plus profit in this environment is not easy to come by (calculation based on the following 1.25 - 1.77)
you would expect a lot of people to take advantage of this win fall....also there is the issue of dilution of shares and the dividend yeild...i believe there are a number of long term contracts up for review and no guarantee of renewal in these uncertain times
SP will drop in the short term...dont know by how much i would be suprised if it is down between 15%-20% early next week
TSE Price at posting:
$1.72 Sentiment: Sell Disclosure: Not Held
