TTY 0.00% 49.5¢ territory resources limited

just for the record , page-5

  1. 95 Posts.
    Agreed Techstep.

    I think MK is very focused on the main game here. He's team is moving quickly on iron ore exploration and mining, cashflow is invested into other businesses where he sees a future.
    Whilst investor moan about MON dropping share price, every other stock is also having the same experience. Just like a savvy investor buying low, MK is using the strong cash from TTY to buy up assets low, so when other stock prices moves up, TTY will move up in a multiplier manner.

    I'm not happy about the share price performance recently at all. But it comforts me to know that TTY is cash positive and trading on P/E of 5x. imagine if they geared up and bought better business assets.
 
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