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60.0¢ talga group ltd

TLG Chart, page-3825

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manny100

5,688 Posts.

2490

24/07/24

19:26

Post #: 74900595
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Originally posted by tt2000: ↑

My guess is that shareholders have out thought management and the CR.

The share price is so low now, management are hoping out of desperation that the SC decision is forthcoming and favourable

I don't think they are counting on, just hoping the way ppl hope to hit the powerball jackpot.

Reality is as CR gets more and more likely, this will continue the trajectory.

Management should not have tried to be greedy and called the CR when they could.

I really think those nothing pump announcements were intended to be the segway to the trading halt, but looks like we were one smarter. I (and took that) as the opportunity to sell, and the selling has continued

After all why buy on market when you can top up via the discounted CR

Hope you kept a small stake to be eligible to participate.

The dilution from the CR is going to be insane given the likely price. I look forward to averaging down via the CR at what might be $0.25 now?

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If a CR is prior to Nov'24 retail holders will not be able to participate.

TLG Price at posting: 43.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 60.0¢		Change 0.000(0.00%)		Mkt cap ! $257.3M

Open	High	Low	Value	Volume
60.0¢	62.0¢	58.5¢	$147.6K	247.7K

Buyers (Bids)

No.	Vol.	Price($)
2	6821	59.5¢

Sellers (Offers)

Price($)	Vol.	No.
60.5¢	1289	2

View Market Depth

No.	Vol.	Price($)
2	6821	0.595
2	31285	0.590
6	165300	0.585
12	103593	0.580
3	55183	0.575

Price($)	Vol.	No.
0.605	1289	2
0.610	21360	4
0.615	4046	4
0.620	15000	1
0.625	10000	1

Last trade - 11.51am 06/11/2024 (20 minute delay)

TLG (ASX) Chart