Better signs today, with at least one punter prepared to step up to 12.5c. As you say, Arl, once the capital raising is bedded down the recent SP depression should ease, as punters instead focus on upcoming developments, in part funded by the cash. When you look at the chart it seems surprising that such a strong spike occurred recently. Was it just anticipation of port approval near to hand, or something totally different that excited the buying? Anyway, when you see that sort of jump you have to conclude that something like news of definite port approval will easily propel the stock to at least the same level in quick time. Certainly not one to sell at present in my view.
TRF Price at posting:
12.5¢ Sentiment: LT Buy Disclosure: Held
