Australia's largest stock trading and investment forum Australia's #1 stock forum

TGS

Click for more information

0.00%

4.9¢ tiger resources limited

Ann: December 2014 Quarterly Cashflow Report, page-73

First 73 Last

Share
Profile

Follow
peteai

3,840 Posts.

10

30/01/15

11:55

Post #: 14666578
Share

Originally posted by plough ↑

well I just got some at $.042 see treating this share as an option now, with an expiry date of December

The quarterly had for expenses VAT tax which is to be paid back that would bring the accounts to being cashflow neutral , also there was around $8.3 M in provisional tax .
One only pays provisional if you assume you are going to make a profit going forward !

Anyway see how it runs , the above is not financial advice .

Expand

Yeah I dipped in too.
It is definitely a risky investment
currently it has cash flow issues in an environment where cash is king and a lot of forced sales
I just see there is a potentially very profitable business...but I could be wrong

TGS Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

There are more pages in this discussion • 117 more messages in this thread...

First 73 Last

Add TGS (ASX) to my watchlist