Sorry, it's a breakaway gap now imo, and fa backed with insto support despite the fact they will take some profit next week of course.
But to suggest it's going to try and close a gap at 1.4c I think is ambitious. Hopefully there'll be enough buyers to soak up the 76m placement folk who decide to take their profits, which will cap a drop but we'll have to wait and see.
I'm just going to hold, am FC anyway of course but still, with drilling starting soon and such a small MC in a hot spot for coal, I'm willing to take a risk of a bit of a drop, but will gladly stock up if it does come back
TVN Price at posting:
3.2¢ Sentiment: LT Buy Disclosure: Held