Also, they are low on capital.So any appreciation in price now...

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neutralopinions

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10/12/24

13:49

Post #: 76983580
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Originally posted by neutralopinions: ↑

Generally, I would nominate this as a great sign. But in this instance, I would probably term this as opportunisitic.

I backed this team because of their PLS background and have been extremely patient with a very large six figure holding.
I initially thought that they would do well with Lithium and then them changing grounds to CC was ok as long as there was some decent activity.
But to see them completely destroy share price when benchmarks like SP500 have added 100% in the last 4 years is just disappointing really.

Add to this the notion that they let the SP drop to 2 cents from a high of 17 cents once speaks volume.
Not to mention that a $6.5 million has been spent so far and nothing substantial has been achieved.
Now they want shares for their salaries and they want to buy on market... Where was this sentiment when the SP was 3,4,5 or 6 cents.

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Also, they are low on capital.
So any appreciation in price now would strongly be associated with a raise as opposed to a genuine discovery.

I do expect a capital raising push and I expect to exit for return of capital.

TKM Price at posting: 2.4¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 7.1¢		Change -0.004(5.33%)		Mkt cap ! $41.65M

Open	High	Low	Value	Volume
7.5¢	7.5¢	7.1¢	$2.141K	28.91K

Buyers (Bids)

No.	Vol.	Price($)
3	233446	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	138371	3

View Market Depth

No.	Vol.	Price($)
3	233446	0.071
1	4000	0.069
2	214925	0.067
1	100000	0.065
2	400000	0.064

Price($)	Vol.	No.
0.075	138371	3
0.076	200000	1
0.078	47334	2
0.079	149827	3
0.080	120000	2

Last trade - 11.29am 17/06/2025 (20 minute delay)

TKM (ASX) Chart

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