We all have to remember that RFs stock is worth $0 in terms of cash in the bank. No dividends. No return on interest unless he liquidates holdings. And this guys has on paper ~13mil worth of stock. If someone were to want to borrow the stock at 10% roi on 500k shares, you'd happily take the 50k in interest as its cash in the bank. RF still has ownership of the shares, its a loan agreement. And I'd say he is happy to lend them out regardless of which way the SP is going because he will need to have them returned. RF is taking no risks, the purchaser of the loan is taking a huge risk on these shares and RF happens to be the one accommodating.
TTT has been on the receiving end of some brutal selling. I'd say purely due to lack of meaning ful information being passed onto share holders. If new management is to do anything different, it could be delivering meaningful and value driven announcements. None of the previous "We are in talks with" or "Potential customers" chit chat. Big business are about pen to paper and money in the bank.
If and when TTT are able to deliver on this, $1 will be in the shadows and we'll wonder what drive people into selling at these prices. Because rest assured, for every seller there is a buyer. And whoever owns this beauty under 60c is laughing at the discount. When $$ hits the bank account (Presumably) for the previously announced sale of 2 machines, that's 25.5M in the kitty on a share with a MC of 85M currently. The numbers don't add up and hence why this share has previously been over $1 in somewhat recent times as that is the absolute minimum price I can see this at when we finally get paid on delivery.
GLTAH and DYOR
Let's hope TTT can additive manufacture this titanium pipe dream!
- Forums
- ASX - By Stock
- TTT
- Ann: Appendix 3Y - Change in Director's Interest Notice (RF)
Ann: Appendix 3Y - Change in Director's Interest Notice (RF), page-10
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TTT (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $181.9M |
Open | High | Low | Value | Volume |
17.5¢ | 17.8¢ | 15.5¢ | $139.9K | 824.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 268736 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 61882 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 268736 | 0.170 |
3 | 46400 | 0.165 |
9 | 196830 | 0.160 |
9 | 130321 | 0.155 |
12 | 341128 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 17107 | 3 |
0.180 | 147761 | 6 |
0.185 | 208023 | 9 |
0.190 | 910380 | 11 |
0.195 | 89411 | 6 |
Last trade - 14.24pm 30/08/2024 (20 minute delay) ? |
Featured News
TTT (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online