Yes, we are so used to almost total lack of liquidity that a turnover of 0.1% of the shares wakes us up. Two things could be happening. Someone liked the 2019 guidance, which, although not as good as expected,
is very conservative and has potential upside. In this case it will soon peak and slowly slide back. Or...there is something positive coming and these are the first signs from insiders. One has to accept that insiders will get in early when an Aussie listed share is developing something overseas.
Either way, unless some sought of skulduggery eventuates, it is just a matter of time before someone realizes that the market cap of TIG is about the same as existing, saleable assets and regards 600MM tonnes of profitable coking coal as worthless. The general public does not know that TIG exists.
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- Ann: Quarterly Activities - March 2019
Ann: Quarterly Activities - March 2019, page-9
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Mkt cap ! $39.20M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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0.4¢ | 2622039 | 9 |
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No. | Vol. | Price($) |
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3 | 6633046 | 0.003 |
1 | 250000 | 0.002 |
5 | 5500000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 2622039 | 9 |
0.005 | 827500 | 3 |
0.006 | 722000 | 3 |
0.007 | 187000 | 2 |
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