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20.0¢ titomic limited

Ann: Response to Query, page-23

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Bakmaam90

2,897 Posts.

543

05/12/23

13:27

Post #: 71279722
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Originally posted by stephencca ↑

I spoke to one of the distributors in Australia who did a repair job in the mines in Orange NSW. I spoke to the guy who actually did the weld job as the company must not be that big. I asked about the costs of the metal. He said it was very cheap. From memory it was less than $200 per ???? the way they sell it, and he said it lasts a long time. I dont think there is much money in selling this.
TTT are not going to make a business out of selling machines. They need to take on jobs for high value industries and charge a lot of money per job. The speed for delivery and the better quality is the advantage. By doing a lot of work for industries they would get to develop methods and expand what they can offer... Its a waste of time selling machines for the purchasers to gain the expertise and do all the work for the high value companies. Just selling will cut their own throat.

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I did touch on this same philosophy the other day

TTT Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 20.0¢		Change -0.010(4.76%)		Mkt cap ! $235.0M

Open	High	Low	Value	Volume
21.0¢	21.5¢	19.5¢	$689.8K	3.419M

Buyers (Bids)

No.	Vol.	Price($)
11	136808	19.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	12342	1

View Market Depth

No.	Vol.	Price($)
11	136808	0.195
16	586711	0.190
8	301606	0.185
13	574027	0.180
6	70715	0.175

Price($)	Vol.	No.
0.200	12342	1
0.205	63108	1
0.210	50000	1
0.215	30000	1
0.220	64000	3

Last trade - 16.10pm 19/11/2024 (20 minute delay)

TTT (ASX) Chart