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0.6¢ tempest minerals limited

TEM vs CHN, page-20

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10,398 Posts.

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31/03/22

09:39

Post #: 60538777
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Originally posted by cjames1: ↑

I think the point rolf is making is that there is limited down side risk with this stock compared to other discoveries because (a) the market cap is still just $50M or slightly above (a lot of other discoveries have MCs around $50M before making a discovery), and (b) the company has many other prospective projects (lithium as well) which should provide a base for the valuation. Many companies only really have one decent flagship project and when that one doesn't live up to the hype then they crumble. To me this company isn't a one trick pony.

Even though it's risen astronomically, if results continue as they are then there will be a lot of buyers waiting for a drop to pick up shares IMO. Think of a few discoveries over the last six months that shot to over $150m MC on results that excited as much as this - NXM, STM and CNB. These stocks kept climbing for a month. This stock could easily triple from here over a month similar to the others.

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We are also seeing the benefits clearly of having a low SOI - the fluctuations in the SP are exaggerated when the number of shares on issue is low.
This morning we are seeing a BUY:SELL ratio of 11:1 and any further good news will send the SP in to the stratosphere IMO...

Please DYOR and GLTAH...

TEM Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $3.763M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$5	818

Buyers (Bids)

No.	Vol.	Price($)
13	6299690	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	1934732	5

View Market Depth

No.	Vol.	Price($)
12	5299690	0.005
6	3525449	0.004
6	4903333	0.003
1	800000	0.002
2	4200001	0.001

Price($)	Vol.	No.
0.006	1934732	5
0.007	1250000	2
0.008	2800000	5
0.009	1070842	2
0.010	1044333	6

Last trade - 11.01am 05/11/2024 (20 minute delay)

TEM (ASX) Chart