Although this is a positive announcement as it means the Government is no longer an issue.
The reason the share price is being held back is because cash flow is tight and a cap raise will be needed very soon.
The big boys are holding fire for now. I know I'm not buying anymore at these levels. I will wait for next cap raising and get stock at a discount to market, hopefully the 3.3c range, and get better set for the long haul.t
Ann: TerraCom Receives Indicative Approval - Blair Athol Mine, page-20
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $176.2M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 21.8¢ | $411.7K | 1.839M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 207468 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 225810 | 9 |
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| TER (ASX) Chart |