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66.5¢ tietto minerals limited

good stuff. there may be some speculative selling re guidance

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Gainzmaster5000

2,190 Posts.

635

27/02/23

22:33

Post #: 66497920
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Originally posted by raptureking: ↑

My data backed assumption is that the sell down by T Rowe Price continues.

Using just the data from the two most recent substantial interest notices, it shows that T Rowe has sold down to take a very tidy profit and ROI (at least 45.28%) from their recent buying. I have used the average buy/sell price to reach these figures as we are not privy to the exact trading data, actual revenue and ROI may be higher.

Furthermore, the volume of their selling is flooding the market with shares, pushing price down and I assume that their sell-down did not stop the day after the substantial interest notice was announced. In January alone - the sold volume from T ROWE contributed to 18.68% of all volume traded, putting substantial pressure on the SP.

Overall, the fundamentals of the company have not changed:
- Producing gold and production ramp up continuing smoothly.
- MRE update expected within a month
- News of decision on second heap leach mine in scope.
- 120,000m being drilled CHEAP this year.

Do not sweat the short term aberrations, the big picture is as robust as ever here, buy the weakness.

All my opinions - DYOR.

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good stuff. there may be some speculative selling re guidance

TIE Price at posting: 64.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 66.5¢		Change -0.015(2.21%)		Mkt cap ! $759.7M

Open	High	Low	Value	Volume
67.5¢	68.0¢	66.5¢	$806.1K	1.197M

Buyers (Bids)

No.	Vol.	Price($)
3	934292	66.5¢

Sellers (Offers)

Price($)	Vol.	No.
67.0¢	44712	3

View Market Depth

No.	Vol.	Price($)
3	934292	0.665
2	29413541	0.660
4	10026692	0.655
1	16000	0.625
2	8080	0.620

Price($)	Vol.	No.
0.670	44712	3
0.675	269696	5
0.680	2269685	85
0.685	133070	7
0.690	33617	4

Last trade - 16.10pm 13/05/2024 (20 minute delay)


Last 66.5¢			Change -0.015 ( 1.53 %)
Open	High		Low	Volume
67.5¢	68.0¢		66.5¢	163960
Last updated 15.56pm 13/05/2024 ?

TIE (ASX) Chart

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