TKM trek metals limited

They had $9 million in the bank end of may 2023. Now they have...

  1. 2,418 Posts.
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    They had $9 million in the bank end of may 2023. Now they have less than $2.5 in the bank I presume based on latest quarterly.
    The SP was 7.5 cents. Now its 2 cents
    They squandered $6.5 million to put out a result that was already known.

    Held this stock since Jan 2021 and since then I have lost 70% of the value on a six figure holding.
    Not to mention all the people who participated in the 6 cents raise have been shafted too with the free attaching options at 8 cents which is a 400% gain from here. They are all down 66% too!

    ~$500K in corporate costs and salaries per quarter. $770K for the 6 months. $1873K exploration costs for six months for a lousy annoucement.
    Everyone knows they need more money and soon..
    What an erosion of $$$. My sentiment remains changed.

    Last edited by neutralopinions: 26/11/24
 
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(20min delay)
Last
7.9¢
Change
-0.002(2.47%)
Mkt cap ! $47.25M
Open High Low Value Volume
8.3¢ 8.3¢ 7.8¢ $80.86K 1.010M

Buyers (Bids)

No. Vol. Price($)
2 5908 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 31786 1
View Market Depth
Last trade - 15.58pm 31/07/2025 (20 minute delay) ?
TKM (ASX) Chart
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