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23.5¢ titomic limited

Ann: Response to Query, page-23

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Bakmaam90

2,894 Posts.

543

05/12/23

13:27

Post #: 71279722
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Originally posted by stephencca ↑

I spoke to one of the distributors in Australia who did a repair job in the mines in Orange NSW. I spoke to the guy who actually did the weld job as the company must not be that big. I asked about the costs of the metal. He said it was very cheap. From memory it was less than $200 per ???? the way they sell it, and he said it lasts a long time. I dont think there is much money in selling this.
TTT are not going to make a business out of selling machines. They need to take on jobs for high value industries and charge a lot of money per job. The speed for delivery and the better quality is the advantage. By doing a lot of work for industries they would get to develop methods and expand what they can offer... Its a waste of time selling machines for the purchasers to gain the expertise and do all the work for the high value companies. Just selling will cut their own throat.

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I did touch on this same philosophy the other day

TTT Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 23.5¢		Change -0.015(6.00%)		Mkt cap ! $276.1M

Open	High	Low	Value	Volume
24.5¢	24.5¢	23.0¢	$415.0K	1.742M

Buyers (Bids)

No.	Vol.	Price($)
7	390678	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	95138	6

View Market Depth

No.	Vol.	Price($)
7	390678	0.230
7	101875	0.225
10	332683	0.220
2	159475	0.215
3	74500	0.210

Price($)	Vol.	No.
0.240	162275	6
0.245	503900	6
0.250	405360	7
0.255	226705	7
0.260	578975	6

Last trade - 13.35pm 12/11/2024 (20 minute delay)

TTT (ASX) Chart

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