TAR 0.00% 0.8¢ taruga minerals limited

On page 21 of their last published report: "...should the...

  1. 215 Posts.
    lightbulb Created with Sketch. 4
    On page 21 of their last published report: "...should the Company be unable to raise additional funds as necessary, there is a material uncertainty that may cast significant doubt as to whether the Company will continue as a going concern and realise its assets and extinguish its liabilities in the normal course of business"...

    ...which sounds to me like an anticipatory defense for the now growing prospect of the value of the company going down to zero in the foreseeable future. Or in other words an attempt to avert panic-selling - but then it's already become almost impossible even to panic-sell because now there's virtually no bid! Cf:




 
watchlist Created with Sketch. Add TAR (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $5.648M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $1.303K 162.8K

Buyers (Bids)

No. Vol. Price($)
8 2895247 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 460186 1
View Market Depth
Last trade - 10.08am 29/04/2024 (20 minute delay) ?
TAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.