TOMBADOR IRON LIMITED (ASX:TI1) - Ann: Appendix 4D & Half Year Accounts, 31442962, page-5 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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livrepr8

459 Posts.

34

01/03/18

10:51

Post #: 31442962
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Originally posted by jord@n ↑

Topped up today. I thought we would be in for a big green day with that impressive result.

Also of note:
"Operating expenses comparing HY results across the Group decreased from $2.58m to $1.92m, a reduction of $660k. These cost savings are further highlighted when considering that the H1 FY17 contained only two months of the operational cost of Nyko (Nov – Dec 16) in comparison to six months in H1 FY18. The Group continues to review operational expenses and expect H2 FY18 to show further cost reductions as the benefits from initiatives such as the iBuyNew office relocation take effect."
Considering to take a punt. However with over 4 ml in liabilities worth a second thought. Any suggestion?

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IBN Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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