TM1 terra metals limited

Ann: Drilling Approvals Received & Field Work Recommenced, page-53

  1. 708 Posts.
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    Over the past few days almost every time the stock is ticked up, a handful (tens to a few hundred) of shares are sold at the bid price to reflect a lower price.
    This occurs within seconds of the trade occuring.
    For example, at 11:02:54, the last tick was 4.9; 41s later 40 shares were sold at 4.6.
    Similarly, at 11:06:08, again the last tick was 4.9 & 51s later 903 shares were sold at 4.7.
    This has been going on for days & I read it as manipulation by a buyer attempting to accumulate as much as possible at current levels.
    However, vol seems to be drying up here.
    A break of 5.2 should see a move to 6.
    Just checked TL's LinkedIn & I see that M Critical Minerals posted about the site visit of Gerhard Redelinghuys.
    GEAR & MCM are VERY SMART MONEY.
    The placement report uses the term, "Strategic", 5 times.
    I don't think this was coincidental.
    IMHO, the addition of these 2 groups to the register means that TM1 is "in play".
    The only 2 questions to be answered are: when & how much?
    Suffice to say I'm happy that Tribeca have a blocking stake & the stock owes them many multiples of current levels.
    Similarly, Glenn Whiddon has a blocking stake & I think he's not in desparate need for money & will want to optimise his gains.

    Last edited by Hiro: Yesterday, 11:49
 
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(20min delay)
Last
4.5¢
Change
-0.001(2.17%)
Mkt cap ! $21.50M
Open High Low Value Volume
4.7¢ 4.9¢ 4.5¢ $25.32K 544.6K

Buyers (Bids)

No. Vol. Price($)
4 539561 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 1828 1
View Market Depth
Last trade - 15.55pm 26/06/2025 (20 minute delay) ?
TM1 (ASX) Chart
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