The timescales on this one have a nasty tendency to stretch out when you are not noticing. A quick look at the SP chart confirms the SP has now been bumping along the bottom at circa 40c for the last 9 and a half months. Before that, the SP was slowly crashing from it's previous "bottom support" of ~$1.20. That crash took about 10 months, between Oct 2023-Aug 2024. The $1.20 base period lasted 3 years prior. I suppose that must mean there must be many holders here that bought in over the past 5 years, now sitting deep into the red on their TLG investment. Perhaps this car crash of the SP is to do with underlying issues a bit more meaningful than simply "we are waiting for the appeals to get rejected", the storyline that everyone seems to be sticking to. Surely this can't be the only reason ?
All IMHO, DYOR
TLG Price at posting:
41.5¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)