TNP 0.00% 2.5¢ triple energy limited

Well, it's in the buy zone to purchase my second parcel of...

  1. 13,066 Posts.
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    Well, it's in the buy zone to purchase my second parcel of shares, the first being purchased at 2c. Not alot of liquidity and could easily swing 50% either way with a bit of volume.

    As we saw during the GFC, assets are often divested during times where liquidity becomes a major issue and companies need to bolster their books, reduce leverage etc.

    Definitely the potential for TNP to secure a project of substance in 2H 2012. Yes, raising even small amounts of capital could require discounts in the current environment, but I still think having a reputable MD at the helm will go a long way to assisting in that regard.
 
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Currently unlisted public company.

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