TAWNF Fibonacci Trading pt 2
A delay in the court proceedings due to two objective petitions against the restructuring plan. Court will re-convene on June 15th. I'd say this put a crack in the market's expectations about the plan going through, previously operating on the information of 90% of creditors approving the plan and seeing some doubt now. The low of 0.13 is higher than the previous low on May 20th so this Fibonacci setup is still valid. Great buying opportunity
thai.listedcompany.com/newsroom/280520211708420227E.pdf
thai.listedcompany.com/newsroom/280520211708420227E.pdf
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