TG6 8.33% 19.5¢ tg metals limited

Ann: TG Metals Raises $10 Million in Placement, page-228

  1. 109 Posts.
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    That's true. But I think the main thing driving our share price at the moment is lithium sentiment. I mean IND's announcement today was basically a generic update, not negative, but not hugely positive and its share price tanked over 20%. I feel if lithium sentiment was positive it wouldn't have been met with such a brutal sell off and possibly would have finished green.
    Ultimately sentiment in a particular industry or commodity doesn't bother me personally, because sentiment is subject to change and could go from negative to positive over a fairly short time frame.
    What does matter is if the company can deliver good results - that's why I view the next announcement as key. If it's a positive announcement it will give us (or me, at least) confidence to continue holding even if lithium sentiment remains negative for a while to come.

 
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