Tanfield - Driving delivery into the future

Been away so missed the latest news release. For a placing to take place above the current mid-price is very bullish and looks to be the base from which the share price should move up in the new year. There are still many small private investors who were looking for a quick gain bailing out, just at a time when everything is coming together IMO. The MMs are duly taking advantage in this (and many other small caps) by marking down the bid price to pick up stock cheap.

I am expecting strong newsflow come January with updates on Jumbo tugs, the new electric vehicle, the new joint collaboration with a European manufacturer, links with Chinese manufacturers, etc.

It is good to see that having reduced the share premium account to zero and finally putting to bed any skeletons from the original Tanfield operation, that the new placing shares will appear in the share premium account in time for the year end. Perhaps we shall get a trading update in the next few weeks to update us on all that is taking place. An exciting year ahead for the new Tanfield Group.