Rocket - TTY isn't the big bear it once was. Market cap is back to 70 mill now but was down to about 25 mill at one stage.
With MK out TTY have done the right thing by focusing on the core business - and it looks like its paying dividends with investor confidence returning to the stock in recent weeks. MK's dream was to expand by buying smaller miners - but unfortunately he came to this party somewhat late, paid a premium on most aquisitions, and picked up some noteable duds.
One could argue now was a bad time to offload TTY but I believe their focus is on survival for teh short-term rather than having to deal with potentially pouring more dollars into OLY to keep it afloat.
OLY Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
