TMT 0.00% 26.0¢ technology metals australia limited

Ann: MAIDEN INFERRED RESOURCE - HIGH GRADE OF 29.5MT AT 1.1% V2O5, page-19

  1. 17,360 Posts.
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    @melbourne13

    Because the aussie market is crap for speccies lately & has been this way since approx. mid-April.

    The beauty of TMT is that the Aussie market will follow the market action in Frankfurt.

    So the ASX malaise will be mooted as market makers will converge the prices as each market opens as there is an arbitrage gain if they're not converged.

    Look at 88E - same story. It's dual listed in the UK & the UK price is driving the ASX action.

    This is why it hasn't been caught up in the speccie downdraft - it is actually charting a dream.

    I'm expecting TMT to follow suit - I'm keenly watching for the German open tonight.
 
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