Torc Us Through 2005

This is clutching at straws rather, but I think today is the first time we had an auction after hours. It may have been small at 4k, but it was perfectly formed at 44p.

Holmess may well be able to add from his knowledge of SETSmm, but if going over to this system encourages MMS to have less stock to hand, that alone may have been the reason for the apparent lack of confidence and weakness over the past two weeks.

With the small number of AT trades on this share and weak holders perhaps now out of the way, any buying is likely to show as a sharp increase if the MMs have little to hand. I find it extraordinary that we are now back to pre MTD prices as if it had never happened. All the rubbish I've read on that deal elsewhere such as it's only worth $3 a transmission is just plain nonesense.

Still, the SP is the SP. I had thought that perhaps it would rocket on automotive news and then fall back as the market realised that royalties were still some way off. If we have to wait some time yet for the BD, it may be that it shoots up and then stays there.