There has been a littie bit of movement in and out today, so close to announcements, I would have thought the price would be consistently on the up as people pay a premium to get in at the later stages. No mass selloff, a bit of action in QPNO today too.
Delay on drill status, no substantial movement either way in the markets. Confused.
If we arent in the target zone now, we are not far off. The market activity is giving nothing away.
If/when the announcement comes, I wonder due to the lack of movement in these late stages whether it will really affect the SP to the tune of what some have predicted.
TNP Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held