TER 4.76% 22.0¢ terracom limited

SMR today, page-22

  1. 1,628 Posts.
    lightbulb Created with Sketch. 98
    $80k traded and drives the value of the company down $20m. Its a strange world indeed. Based on the volumes and more importantly the allotments on sale this is retailers making or losing a few bucks based on nothing. If im correct and they do report a larger cash balance <100m then the value of the company will look very very cheap. A 4c dividend will equate to 10% return. I dont think Apple Pay 10%.
 
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