Just as I thought, placement price was at 2.2c, so I expect it will go a lot further down than the placement price.If it goes down sub 2c I won't be surprise, most probably around 1.8c. The reason being too many disappointment on hand and many delays. Although I was spot on, I too was caught here, not being able to sell the whole of my holding.Trust is very important, TNP has too many excuses. Ironically management is telling the truth this time, it is rainy season in China and most humid, so further delay to the drilling is not a surprise and totally expected and the reason that the SP will go down further still.(DYOR/IMHO consult your adviser before action/ not to be treated as advice/ many may disagree with my opinion/I am now paying for my mistake for not selling everything in one go.
TNP Price at posting:
2.2¢ Sentiment: ST Sell Disclosure: Held
