TAL talius group limited

the company is just a shell but it did a placement on 12 Feb...

  1. 37,911 Posts.
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    the company is just a shell but it did a placement on 12 Feb 2016 at 2 cents per share despite not really needing the cash

    it is selling an oil asset for AUS$1M+

    if the sale is completed by 30/6/16, i estimate AVD will have 2.85 cents per share or $4.6M in cash

    current market cap at 2.5 cents is $4M

    so for a shell, it will be well-cashed up plus it is trading below cash backing

    good luck

    i hope my calculations below are correct:

 
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(20min delay)
Last
6.5¢
Change
-0.001(1.52%)
Mkt cap ! $18.63M
Open High Low Value Volume
6.5¢ 6.5¢ 6.5¢ $11.83K 182.0K

Buyers (Bids)

No. Vol. Price($)
2 35050 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 278046 1
View Market Depth
Last trade - 15.02pm 27/06/2025 (20 minute delay) ?
TAL (ASX) Chart
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