TEK thorney technologies ltd

huge potential! long - medium term profits, page-6

  1. 1,965 Posts.
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    "I would suggest to buy however it would be great if holders were to sell so I can pick up some more shares on the cheap."

    Haha just how cheap do you want them? Not far from record lows. While I have infinitely more optimism in the company compared to 2-3 years ago, they still have a way to proving consistent performance.

    My concern is if we return to a situation of selling below cost (I can only presume this was happening in the past, the financial reports were never clear enough as to the cause of the cash burn). With increased production volumes, selling at a loss could chew through the balance sheet like nothing we've seen to date. I hope they have got it right, but nobody seems to have directed much effort to avoiding burning cash in the past.
 
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(20min delay)
Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $43.45M
Open High Low Value Volume
12.0¢ 12.0¢ 11.5¢ $4.313K 37.5K

Buyers (Bids)

No. Vol. Price($)
4 226060 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 199192 3
View Market Depth
Last trade - 15.20pm 25/07/2025 (20 minute delay) ?
TEK (ASX) Chart
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