Sure has broken through, wasm. and goood question.
TNE tends to trade in bands, moving up to the next band after about a year. Recent band upper limits are (roughly):
1.10
1.20
1.60
1.90
2.30
Generally, each band is increasing in depth with each junp, currently about about 40c (but note narrow band from $1.10 to 1.20
So, maybe we could see $2.70 in the next few months? However, I think TNE is getting expensive on the fundamentals, despite recent profit increases.
Ann: Media Announcement , page-7
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Last
$26.92 |
Change
0.230(0.86%) |
Mkt cap ! $8.777B | |||
| Open | High | Low | Value | Volume |
| $26.85 | $27.08 | $26.67 | $19.63M | 730.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 318 | $26.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.00 | 37 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TNE (ASX) Chart |