I agree with you mate.
At the end of the day if the sellers dry up the price will go up. There's currently still reasonable volumes changing hands (admittedly some are bot to bot thanks to shorters). Talga have to ratchet up their PR/marketing game now to sell their story to increase demand and reduce supply of shares.
I doubt they will push too hard on the marketing til they lockdown their first big binding offtake. Then i think/hope they will go for broke, as they should.
TLG - Media, page-13295
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Last
45.5¢ |
Change
0.020(4.60%) |
Mkt cap ! $195.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 45.5¢ | 43.0¢ | $147.1K | 334.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 7956 | 3 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |