TSO 6.45% 2.9¢ tesoro gold ltd

It good for shareholders they managed to sell near the recent...

  1. 6,604 Posts.
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    It good for shareholders they managed to sell near the recent highs. They obviously only had to realize a certain amount of cash to pay the taxman so selling at a higher price limits the number they had to sell.
    Im happy they didn't sell more for play money. It shows their confidence in the future, choosing the path of delayed gratification thats taken when you know a delayed payday will be a much bigger payday.

    They also they have more stock on the way with their performance rights, the highest level of which from memory triggers if they can come up with an initial resource of 2 mil ounces. I think they are pretty confident of hitting the highest level, they are certainly making all the moves and setting up the drilling to make that 2 million ounces an attainable target IMO.
 
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Last
2.9¢
Change
-0.002(6.45%)
Mkt cap ! $35.65M
Open High Low Value Volume
3.1¢ 3.3¢ 2.9¢ $117.3K 3.810M

Buyers (Bids)

No. Vol. Price($)
3 486491 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 196843 4
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
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