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Ann: TNG Mount Peake Project - Capital Expenditure Update, page-30

  1. Propunter2
    4,344 Posts.
    lightbulb Created with Sketch. 3050
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    20/10/22
    10:31
    Post #: 64294536
    On the 16-9 leading into the final days before the 249D vote where the appetite for change was very much a driver, this is what the SP looked like

    https://hotcopper.com.au/data/attachments/4766/4766095-c72b929fdbf96dac2bd7500a73972945.jpg
    With 1.388 Billion shares on issue that put the company MC at ~$180M.

    At 8c as of this morning the company MC is at ~$111M

    The destruction of shareholder wealth in one month currently stands at around $70M

    I'm still at a loss as to what Biddle was brought on board for?

    TNG Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 22  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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