TMT 0.00% 26.0¢ technology metals australia limited

TMT seems to be going nowhere fast since 2019 ??, page-19

  1. 298 Posts.
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    I don't think you posting here is negative at all. Keeping everyone thinking about what is happening is important.

    I just think as investors we need to remember we aren't the company and we aren't the management. No point getting personally offended about what people say about companies or the management.

    Please, provide your opinions. I like to see more than one style of thinking.

    My opinion regarding the current price action is simple. I think you're comparing apples to oranges regarding timing. It has been made clear TMT will be progressing a study for about 6 more months. AVL on the other hand is expected to announce the BFS soon. However as we know from recent history we can't put too much weight on what the AVL management says because the BFS has been imminent for about 4 months. I remember the PFS was also imminent for a very long time and then it was updated again when people thought the BFS was being worked on. So investors are taking position in AVL expecting something but not TMT expecting they have 6 months of grace. But I would also point out the amount of shares traded in TMT is tiny and probably more of a stand off between buyers and sellers. Buyers waiting for an announcement or for 6 months and current holders not willing to sell just in case something happens.
 
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Currently unlisted public company.

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