For us longtimer --we remembered Ian Finch sharing the company's good fortune by giving us shares immediately in the various companies when they made it good .
If you look at other mining companies by comparison TYX has not been diluted ( as in noumber of shares ) as much as most .
IAN is one of the best performing geologist ..he knows his stuff ...The ground and tenements that TYX own are a perpetual ALDALIN CAVE.. eg The latest PILBARA LITHIUM/GOLD project sold to MPJ . It was worth nothing to most people in the ground if you do not know what they are ...
So Ian sold it to MPJ for $200000 cash , 200 million shares in MPJ (which has already double). 200 million option which is already in the money , 80 million milestone shares and become chairman of MPJ ....an achievement! If he get paid .. good on him.
MPJ shares has double and is still moving upwards .
I am sure if TYX has the fund Ian would not have sold it .
But alas he is realistic ..a bird in hand...
TYX --retaining MPJ shares--It has double and still moving upwards
Add TYX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.87M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $59.38K | 5.936M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1678111 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1226684 | 2 |
View Market Depth
| Last trade - 15.52pm 31/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.0¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 1002843 | ||
| Last updated 12.58pm 31/05/2024 ? | |||||
| TYX (ASX) Chart |