Great analysis. Also the overall market. Today's drop isn't exclusive to Talga and would be attributed to the hawkishness seen overnight in the US.
"Goldman Sachs pushes back expectation of first Fed rate cut to Q4 2024. The firm previously saw that coming in Q2 2024 before the FOMC meeting."
I think the market will adjust their expectations re: rate cuts, so expect muted share prices for a while longer. Considering how derisked Talga has become, it could be viewed as an opportunity.
Great analysis. Also the overall market. Today's drop isn't...
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Last
49.5¢ |
Change
0.060(13.8%) |
Mkt cap ! $188.1M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 49.5¢ | 42.0¢ | $522.2K | 1.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 13330 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |