The reason that TVL has dropped so much is because the IPO price was sold at a massive premium to the value of its underling holdings.
This is the reason, I didn't buy these at the IPO. As can be seen, the share price has over time reverted back to the value of its holding.
This is a fairly high risk company that if all goes well could offer long term shareholders massive returns. Will this happen in the next year or two - unlikely, but over 5 years completely possible.
Good luck to all holders.
Ann: Investment in Till Payments, page-21
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Last
8.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.85M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22819 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 12048 | 1 |
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| Last trade - 16.30pm 10/05/2024 (20 minute delay) ? |
| TVL (ASX) Chart |
Day chart unavailable