IMO management are to be applauded for keeping the capital structure so tight after so many years in a high risk business. Most of TDO's peers have amassed billions of shares over the same time frame.
Great assets, great locations. Whilst TDO's drilling may be a bit of a wait, high impact drilling by CVN in the Bedout is likely to provide a material short term lift. In late 2018 CVN success carried TDO from 4c to a peak of 22. The region boast a 9 out of 10 success rate in drilling. Love this asset
I also like TDO because in a landscape littered with overvalued specs, TDO represents good value, making it somewhat crash-proof.
Its an excellent candidate for BESB, like CUE some months back. Long term but great rewards.
Worth watching the video of Noel on podcast if you have the time, think its on *
GLTA
IMO management are to be applauded for keeping the capital...
Add TDO (ASX) to my watchlist
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Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.85M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 8.0¢ | 7.8¢ | $62.47K | 792.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25166 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 65000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
8.0¢ |
Change
0.000 ( 3.90 %) |
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| Open | High | Low | Volume | ||
| 8.0¢ | 8.0¢ | 7.9¢ | 17947 | ||
| Last updated 13.47pm 30/05/2024 ? | |||||
| TDO (ASX) Chart |