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1.4¢ tombador iron limited

Ann: Change to Financial Year End, page-6

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271

16/12/22

09:07

Post #: 65335881
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Originally posted by Jenkstar: ↑

SP is really driven on speculative views imo. IOP has been steadily increasing until this week when it slipped back and then regained its losses. I suspect some buyers viewed it as a possible peaking before slipping back below 100 mark.

So far so good we seemed to have kicked above $US111 today so may see a further boost between now and year end. Fingers crossed.

I’m betting on a smaller dividend in March. They will have sales in the 6 months but also have a view on sales / cashflow from Q1. After all, they are sitting on a mountain of cash and it will really come down to how much their major shareholders need the money to pay down debt or fund other investments.

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The reality is the value of trades is super low. Very hard to buy or sell substantial amounts of this stock. Both a good and bad thing.

Last week to me looked like someone taking around a 100k position..

TI1 Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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