While I am happy to see the 20% jump I am not confident this may be a long lasting trend (happy to be wrong). I hold a few shares that jumped all of sudden and gave hope for a green colour, only to see them getting back to a downtrend. Who knows... maybe directors decided to through some money to calm down nervous shareholders for a while at least? This is just 19K. Remember the discussion a few days ago about about 20K to get a SP increase. That's what has happened. For a stock that once upon a time had a hot oversubscribed debut, being in a trendy sector, one could expect more. Again, let's hope this is a beginning of a positive turnaround. Do not bet your house on this one yet though.
TNT Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held