TIG 0.00% 0.4¢ tigers realm coal limited

Ann: Tigers Realm Coal Update, page-12

  1. 137 Posts.
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    Hi Sharker18,
    TIG has had a stable history of share price movements since I first started buying and selling each year about 5/6 years ago. In fact TIG has been my most consistent money maker for each of those years. I relish returning each year from March onwards.
    Last year I bought in in March/April/May for average 0.8c. On 8 September I posted I expected TIG to spike to 3c in/by Oct 2021. But I missed the spike to 3.2c because I had sold out for between 2.6c-2.9c.
    The year before I missed the spike to 4.4c but caught it on the downside and sold at 2.4c. My philosophy is 'be happy to make something'.
    The reason (re: your Q) is TIG only ships and sells for 5.5 months of the year; for the remaining 6.5 months they can only produce but that is not the same as shipping/selling hence the share price slowly falls from late November through to May/June (barring any significant announcement) when shipping recommences and then we get a quarterly update in July. It's pretty basic to think that when a company is not shipping/selling then the share price might possibly flounder.
    The CHPP will have some influence on price going forward but, surprise to me, it is not yet actually completed ?
    There were a lot of new-comers into TIG last year who probably at the time did not understand the dynamics of the company they were buying into.


 
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