Time in the market beats timing the market. When I first started looking at lithium companies, it appeared to me that they were already richly valued-- they have more or less held their value. Talga did not appear richly valued, and admittedly it has slipped since my first buy-in price.
I don't think we can judge the story of talga after 1 or 2 years. Certainly those who have been in talga for 4 or 8 years might have more to say. Amidst all of the uncertainty I have learned that I am happy to have talga in my investments, but I am also glad I didnt go "all in". Yet.
I don't think Talga wants to raise capital, it has to. I think MT was overly optimistic when he expected to have permits by now, and now we all pay. But. I think that MT's optimisim is what allowed him to make this company. Who among us have the patience to work for 15 years before turning a profit? My goodness, the optimism and drive required. MT is human, but I have to salute what I foresee as the foregone conclusion which is easy to see now, which in 2014 could not have been more than a vague glimmer of potential.
I agree with the consensus of this forum, the Stellantis announcement really de-risked investment in this company. Once the capital raise hits and the prices begin to settle after a week or two, I am going to be buying. A lot. A lot A lot. Not all in, but, a lot.
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Last
49.5¢ |
Change
0.060(13.8%) |
Mkt cap ! $188.1M |
Open | High | Low | Value | Volume |
44.0¢ | 49.5¢ | 42.0¢ | $522.2K | 1.155M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 13330 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.490 |
1 | 41437 | 0.475 |
2 | 105537 | 0.470 |
1 | 5996 | 0.465 |
1 | 5996 | 0.460 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 13330 | 2 |
0.510 | 19676 | 3 |
0.550 | 12884 | 2 |
0.575 | 1600 | 1 |
0.580 | 57100 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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