That’s assuming JV terms are 50/50… we have no idea what has been agreed on!
All we know is the JV is buying 2 machines from Titomic with Titomic to receive Revenue from Powder Sales and a share in Barrel Sales…. doesn’t say what % share.
Whether TTT strategically left out buy in costs in the announcement…or there isn’t any … we don’t know!
It wouldn’t be ethical to announce a JV highlighting only the Revenues gained but don’t mention how much if anything it’s going to cost to enter a JV.
If that’s what they have done then @JAD is spot on with his opinions!…
Ann: Application for quotation of securities - TTT, page-16
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Last
18.5¢ |
Change
0.020(12.1%) |
Mkt cap ! $187.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.5¢ | 14.8¢ | $2.390M | 15.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8651 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 457540 | 6 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TTT (ASX) Chart |