In the recent webinar Taso repeatedly stated his confidence and expectation of near-term funding from various parties including US DOD. The way he spoke you could be forgiven for thinking it was in the bag. There is also the strong interest in a potential offtake/funding agreement for the Titan Project from the leading Japanese conglomerate.
I'd hazardous a guess that a 7-year equipment loan, albeit at favourable commercial terms, was not on anyone's radar. Least of all short-term traders who might have been positioning for a bump on a USDOD announcement.
Notwithstanding, the markdown has been reasonably savage, possibly overdone in a jittery market? With so many positive developments on the horizon, I certainly didn't think we'd see prices at these levels again.
Guess that's an opportunity depending on your appetite.
I'll be looking to see where it settles and add. Narrative hasn't changed.
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Last
$2.62 |
Change
-0.170(6.09%) |
Mkt cap ! $683.7M |
Open | High | Low | Value | Volume |
$2.75 | $2.78 | $2.59 | $1.734M | 650.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2865 | $2.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.69 | 4000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2865 | 2.620 |
1 | 2870 | 2.600 |
1 | 2870 | 2.590 |
1 | 2870 | 2.580 |
1 | 2870 | 2.570 |
Price($) | Vol. | No. |
---|---|---|
2.690 | 4000 | 1 |
2.700 | 15000 | 1 |
2.750 | 1500 | 1 |
2.790 | 5253 | 2 |
2.800 | 55374 | 5 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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Simon Kidston, Non--Executive Director
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