SPP now complete, lets see how much of the $6m has been raised. Montarello has pledged to participate SPP, $1.5M Institutions already $3m raised. So needs close to 4.5M balance. I think the uncertainty of the warranty due 31/3/2012 is on investors minds....If lost equates to $1.2m revenue pa..could see stock fall well below .35 cents, if this happens in the short term stock will struggle....Fundamentals look good otherwise, I participated on SPP, but moderate accumulation.... Time will tell, still think this stock will perform well later in the year whatever the outcome with SPP and warranty.....
TSM Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
