5:1 Consolidation mid-June 2009.
Don't Sell what you don't own! This business has started to pick itself up, but this share manipulation (my interpretation) is not good for shareholders even though it will make Management believe all is well.
This business took the City for 1.60/share(now=8).... late 2007 (DYOR) and very soon fell like a stone!
Currently abt 70p
My average is about evens.

presumably you mean 14p in "real" money or has consolidation not yet taken place ..... if not, then the brave (not I) could have done very well on this stock over recent months

cynic, er, yes I bought my first below 6p but it was only a few, so I "stoked the fire" - then it fell back (Huh!) . . . .
-I understand the CONsolidation took place last week.
On another TAN-thread, there is a suggestion there will be qa further sp-boost ( something about NE funding for a "...fleet of green vehicles..." (my interpretation).

Er, so will be paying for these vehicles - AND is this is typical of this Government - make sure any Announcement is done Twice!

It's my opinion that properly managed this business is sound. The snag is the woeful start-up attitude of management, which doesn't stick arround to see the business start to become profitable. The deal they did with the City was a Masterstroke ( except neither Party realised it at the time) - I understand they are largely debt-free and have a small electric vehicle business and a much large (but somewhat hidden) hire-supply business of "access" vehicles - really nice. Management needs to take a "steady as she goes" - then TAN might revisit earlier sp ( say 5 in today's Market once improvements are realised).
EDIT-(24Jy09)- Recent Dir purchase 5k-worth is a woeful statement that the future is not yet ready for TAN.
EDIT(5March10)-Oh deary; sub 30p steady falling, today a tiny uplift. CONsolidation Huh!

Much excitement, posted here (today), some believe it's due to the shakeout when EV will be sold. - . but what does that leave?
Not a lot IMHO. This has been a disgracefully managed business, taking out Pensions funds for 8/share (DYOR), and now it's not even half of a tenth of that amount.

Did Directors do well...you betcha. some bought as low as 6p and are looking at substantial profits. Yet it was these very same bods that brought this business to the current position - AND NOW we are to sell-off the valuable asset...?

Doesn't make any sense to me...but I'm still hoping they will be brought to London, to explain themselves, until then my wallet is shut. I didn't buy at the 8-level as I thought is was far too expensive....but then the City has our pensions to fund their excesses...why would they worry?

Of course, there could be another explanation; so, let's see them face-to-face and tell us how it is....

hangon -- Why are you "still hoping they will be brought to London, to explain themselves"? Why does anyone have to come to London??

Not everything revolves around London y'know!


If you need to see them face to face, could you not go outside London?
There is a civilized world beyond the M25. We outsiders don't have to be sent for!