Anywhere around here looks like a bottom given the catalysts ahead. 13c would be a gift. I started adding a few today as 15-16c has been the low end of the range YTD.
Managed to get hold of a decent slug of the give-aways at 13c before Christmas so happy to wait and see from here.
If TBN only achieves a fraction of its long term potential, a market cap of A$400m post-PIPE is ridiculously cheap.
On a 2-3 year view, it's difficult to see how it won't now that funding is in place for Phase 1 but as ever the future is uncertain. The team needs to execute strongly from here. No excuses (and there have been a few so far this year).
TBN Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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