It appears to me that we are seeing the inverse of the "irrational exuberance" in some of the lithium stocks, where prices are running upwardly wild, on a mere whiff of lithium, with many years before any proven reserves; let alone revenues and profits and bright futures.
In TMP we have a stock that has a strong cash position, is generating outstanding revenues and very early profits and has bright prospects in a rapidly growing market... and its share price is falling just as fast as those of some of the lithium hopefuls are rising.
Irrational dismay?
Having read the half-yearly report pretty thoroughly a few months ago (audited thoroughly by a very creditable firm) there is nothing there IMO that should cause this sort of alarm.
I suspect Mr Market has gone to the lithium races and is betting up big. I hope they have some brass left when they decide to come back.
But I could be wrong...
IMO
![]()
- Forums
- ASX - By Stock
- AV1
- Ann: Investor Roadshow presentation-TMP.AX
Ann: Investor Roadshow presentation-TMP.AX, page-34
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AV1 (ASX) to my watchlist
|
|||||
Last
6.0¢ |
Change
0.003(5.26%) |
Mkt cap ! $47.32M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 6.0¢ | $960 | 16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 134000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.058 |
3 | 84705 | 0.057 |
1 | 175000 | 0.055 |
2 | 26988 | 0.054 |
1 | 1000000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 134000 | 1 |
0.070 | 100000 | 1 |
0.072 | 40000 | 1 |
0.073 | 260558 | 1 |
0.076 | 3027 | 1 |
Last trade - 15.22pm 09/08/2024 (20 minute delay) ? |
Featured News
AV1 (ASX) Chart |