TVL 0.00% 6.8¢ touch ventures limited

Ann: Net Tangible Asset Backing - March 2022, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,521 Posts.
    lightbulb Created with Sketch. 597
    Great update. Held steady in spite of market volatility hence why having some money in unlisted assets is a good idea now.

    Sendle's value hasn't changed, I suspect, because they may not have conducted a new round of funding - which is sometimes used to update the fair value of the unlisted investment.

    I said this yesterday and I'll say it again, the cash holdings and Sendle investment alone covers the entire market value of TVL, everything else you get for 'free' (and those other investments are not worthless).

    Long term holders should be rewarded. You should draw some confidence in the director just buying 1 million shares at an average of about 16c per share.
 
watchlist Created with Sketch. Add TVL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.