Milanese the spec market has been hammered across the board. Anyone with an extensive watchlist would agree. One of my prerequisites when buying into companies these days is being able to communicate with a company either by emails or phone. I have found companies that have no voicemail, or I've been unable to contact them in any shape or form tend to show their true colours over time.
Sometimes the boss gives you time which I always appreciate. Other times I've found ones where the receptionist states they are all in a meeting ( Seems permanent) If I leave a message and no one returns my call I see that as a red flag.
I'm not surprised by the downtrend in Tons share price as any companies with a lack of short term price catalysts have been punished.
Ton is a long term hold that is still looking for a base chart wise. Possibly over the next 6-12 months we will have a better understanding of where Ton is heading fundamentally as this tick the box stage of a mining company is too drawn out and risky for the conservative investor. If the company achieves its goals, mining companies rerate quickly, as they de risk and move closer to production.
So yes I still see it as a positive that you got direct communication from Peter Canterbury.
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $17.25M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $2.418K | 219.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 214688 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 255512 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 214688 | 0.011 |
3 | 1355754 | 0.010 |
5 | 2278152 | 0.009 |
4 | 1351251 | 0.008 |
3 | 542850 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 255512 | 3 |
0.014 | 600000 | 2 |
0.015 | 330000 | 1 |
0.016 | 160000 | 1 |
0.018 | 166666 | 1 |
Last trade - 15.33pm 22/08/2024 (20 minute delay) ? |
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