I'm guessing a couple of analysts are slightly disappointed and...

First 10 Last

Share
Profile

Follow
BD3099

1,243 Posts.

94

21/11/23

12:09

Post #: 71016988
Share

Originally posted by madamswer: ↑

"Realistically, where do we think this SP can end up in a few years?
wondering if im to sell out at my profit and invest lower elsewhere. Any info appreciated!"

At >45x P/E, this great result and bringing forward of Revenue targets by one year are already priced in.

As for selling now, it depends on the extent of your capital gain and the tax you'll pay.
If you only became a shareholder recently, then the CGT might not be too bad, and recycling capital into other investments might make sense.

But, if like me, you've been a shareholder for a number of years, it probably doesn't make sense to sell and crystallise the big CGT impost.

I think that, over the next 3 or 4 years, the growth will chew the lofty P/E down to more sensible levels, but I suspect that share price isn't going to do very much between now and then given the eye-watering valuation starting point.

.

Expand

I'm guessing a couple of analysts are slightly disappointed and thought the result would be 'a little bit better'.

TNE Price at posting: $16.08 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BRK

Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field

CKF

Profits after tax down -88%, and shares rocket – what's going on with Collins?

MPK

Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

SPN

Sparc opens small-scale green H2 plant in SA, but liquidity dried up

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

First 10 Last

Add to My Watchlist

What is My Watchlist?

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)
Last $40.53		Change 0.320(0.80%)		Mkt cap ! $13.30B

Open	High	Low	Value	Volume
$40.72	$40.72	$40.21	$6.075M	149.8K

Buyers (Bids)

No.	Vol.	Price($)
7	287	$40.53

Sellers (Offers)

Price($)	Vol.	No.
$40.54	153	10

View Market Depth

No.	Vol.	Price($)
4	143	40.550
5	117	40.540
6	350	40.530
8	311	40.520
5	311	40.510

Price($)	Vol.	No.
40.560	137	7
40.570	234	5
40.580	393	8
40.590	259	5
40.600	227	6

Last trade - 11.44am 24/06/2025 (20 minute delay)

TNE (ASX) Chart

I'm guessing a couple of analysts are slightly disappointed and...

Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field

Profits after tax down -88%, and shares rocket – what's going on with Collins?

Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

Sparc opens small-scale green H2 plant in SA, but liquidity dried up

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I'm guessing a couple of analysts are slightly disappointed and...

Top Stories

Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field

Profits after tax down -88%, and shares rocket – what's going on with Collins?

Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

Sparc opens small-scale green H2 plant in SA, but liquidity dried up

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News