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Tower Resources plc UPDATE

In light of the announcement today of the TRP placing we suggest that the share price will now find its fulcrum point around 4p or below which offers huge short term gains for short sellers following our coverage when the share price was 6.5p.

VTM hopes to provide clearer visibility to retail investors, we work on the premise of “Visibility offers opportunity.” We will now move away from TRP whilst the dust settles.

From 6.5p the position is almost 40% in profit. We recommend taking profits in stages from 4p and lower.

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This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

  • James Moore does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above article.
  • James Moore has not been paid to produce this piece by the company or companies mentioned above.

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