Australia's largest stock trading and investment forum Australia's #1 stock forum

TSO

Click for more information

5.71%

3.3¢ tesoro gold ltd

Ann: Ternera Mineral Resource increased by 66% to 1.1Moz, page-70

First 70 Last

Share
Profile

Follow
HeyLine

2,552 Posts.

616

27/05/22

20:31

Post #: 61672078
Share

Originally posted by GmundStables: ↑

The SPP is a good way to show support for a company directly. I wouldn't agree the comment that the SP 'always' goes lower after a CR. Plenty of stocks that I've been involved with actually trade higher. Speccie stocks can be hit n miss (imo, have examples but don't want to cross promote). One has to really look at the under lying fundamentals; does it have the foundations to grow and or become better? In this case, it is now a confirmed great resource and is mineable, so for me YES. Once they have cash in the bank, this could propel the SP higher away from the raise price and you'd miss out, then have fomo. It is certainly undervalued now, let alone 7, 6 or 5c.
T/O target?? maybe, but there are a few good gold plays at the moment.

Another side comment, Zeff may even do a raise with an attached 'option' to lure retail back in, ie. buy two shares and receive one option for say a one year expiry? Just a thought.

Good luck heyline, DYOR obviously and best wishes.

Expand

I disagree. SPPs almost always nose dive the SP. Not what TSO need atm

TSO Price at posting: 7.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

SPR

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

PL3

Patagonia looks to raise $2.15M for South American exploration and development

OCC

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

MSB

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

SRL

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

There are more pages in this discussion • 49 more messages in this thread...

First 70 Last

Add TSO (ASX) to my watchlist

(20min delay)
Last 3.3¢		Change -0.002(5.71%)		Mkt cap ! $40.57M

Open	High	Low	Value	Volume
3.6¢	3.6¢	3.3¢	$15.03K	430.2K

Buyers (Bids)

No.	Vol.	Price($)
1	48530	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	48530	0.033
1	596114	0.032
1	23890	0.030
1	200000	0.029
5	150000	0.028

Price($)	Vol.	No.
0.035	20000	1
0.036	181818	1
0.037	125177	2
0.038	200000	2
0.039	150000	1

Last trade - 16.10pm 09/07/2024 (20 minute delay)

TSO (ASX) Chart