TMT 0.00% 26.0¢ technology metals australia limited

TMT Shareholders Retail Holding, page-38

  1. 1,622 Posts.
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    Unless there is any big news coming (highly doubtful) or AVL take off, I doubt we get near 32c again before the merger.
    I am surprised though with AVL's price holding strong at 2.7 that we have seen TMT's price continue to slip lower.
    By my calculation 2.7c x 12 = 32.5 cents..

    That's pretty much bang on 25% undervalued, so i'm even surprised there aren't more traders on top of this where 25% gain in a few Months seems like a reasonable bet.

    I blame a lack of news and clarity mainly why there is so little confidence right now in buying or holding TMT.

    I see more AVL purchases of late, and technically for every 3 avl shares you buy, you could be getting 1 free simply by buying TMT instead.

    The market sometimes makes little sense.
 
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