It appears the market liked Blue Sky Power's announcement as it was up 5.6% on a down day on Friday!!
Reasonable volume too.
Wonder what Paul Underwood who was the founder of TAP oil and is the executive chairman of TNP thinks about these current developments?
My take is, is that Blue Sky Power is taking a strategic position in China and positioning themselves in all corners or provinces of China to achieve this result!! And we know what that means for TNP!
I'll throw it out there but if TNP comes up trumps well I wouldn't be at all surprised to see it taken out but I stress it's very very early days yet and I'm assuming all goes to plan with Blue Sky Power.
TNP Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held