TCM up another .03 (5.0%) today so far..over 400K shares traded. Bids are weakening now, so it looks like those people that wanted shares now have them, between yesterday and today. Not that I expect that anyone actually knows anything about a potential takeover bid, but IF they do, with the share price stalling in the low 0.60's it would indicate that they expect the takeover price to be slightly higher than that, perhaps in the 0.68 to 0.70 range.
We won't really know anything until / unless a news release comes out from TCM but I would expect the share price to drift downwards from here, perhaps into the mid 0.50's
As I still hold many shares, I hope I am wrong here but that is what I expect to happen.
BB