How much tax loss from TLG do you think there is? TLG was at a low of 1 dollar and 1.10 AUD. it is presently at 1.55. It has bobbed between 1.25 and 1.60 for quite a while.
I would guess the only selling is exasperated people like poor Gryff. Whose patience is expiring.
Meanwhile, if there has ever been a high grade ore deposit of economic value, easy to access, identified on this planet, it has always eventually been mined. There are unknown unknowns, I am sure there are other sleeper deposits somewhere, both in plain sight and difficult to access.... But when we know about it, it will eventually get mined. You don't have to be smart. It will happen, if you can wait.
Ill point out a Charlie Munger quote about Warren Buffett: "The good thing about Warren... When there is nothing to be done, he is really good at sitting around doing nothing."
Ann: Talga silicon anode demand drives progress, page-20
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Last
66.0¢ |
Change
0.090(15.8%) |
Mkt cap ! $250.6M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 66.5¢ | 58.5¢ | $1.315M | 2.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4903 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TLG (ASX) Chart |