All positive announcements have been sold into aggresively which implies .05 or so might be top dollar at the moment.
rbgould alluded to a possible capital raising going ahead which will no doubt put downward pressure on the SP...IF one is announced that is.
Apart from a CR, they have lending facilities in place and no doubt they would need to borrow heavily for development of Groundrush. Would the downward pressure on the SP be instos or major holders 'derisking' and taking some profits in the unlikely event things went pear shaped for TAM or is a CR a certainty?
Any thoughts?
TAM Price at posting:
3.8¢ Sentiment: LT Buy Disclosure: Held
