Sorry sir, I could have let you take it. I invest in tnp for the long run really, I am not sure if I mentioned this before, a lot of vehicles are moving to gas powered instead of diesel and petrol. I know we all talk about lithium ion cobalt batteries and so on but at the end of the day, those high tech batteries wont be used to run millions of old or new trucks. Gas is a lot cleaner and cheaper than other fuel options.
I reckon we will look back in a few years time and think, what a lovely investment it was. As mr soros told mr drunkenmiller, when you see a good trade, go in big dont do it bit by bit when they broke the back of the pound and made over a billion in profit.
I would reckon the managements would love to be buying below the exercise price of the options but wont surprise me if they cant cos of black out period over the MOKE or any other transaction.
TNP Price at posting:
1.0¢ Sentiment: None Disclosure: Held
I know we all talk about lithium ion cobalt batteries and so on but at the end of the day, those high tech batteries wont be used to run millions of old or new trucks. Gas is a lot cleaner and cheaper than other fuel options.
