Is there any charts available for a companies market cap? Share price can sometimes be an inaccurate assessment of a companies performance.
Without any charts, I do feel like TNG has been stuck around that $100M market cap valuation for a few years now. And yet a considerable amount of de-risking has occurred in that time (albeit not as quick as we would have like as shareholders).
Any increases in Market cap to $110-$120M+ are soon wrestled back. There does seem to be a historical resistance at that valuation.
Similarly when it drops below that threshold it has generally trended back to that valuation.
I wonder if this announcement is finally that turning point to break the chains? Perhaps not, but it is fun to think about where the next leg up will be when this one finally breaks free.
- Forums
- ASX - By Stock
- Ann: TNG & SMS to Develop Hydrogen Production Technology
Is there any charts available for a companies market cap? Share...
-
-
- There are more pages in this discussion • 196 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TVN (ASX) to my watchlist
|
|||||
Last
7.3¢ |
Change
-0.002(2.67%) |
Mkt cap ! $120.1M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.1¢ | $107.0K | 1.458M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 86244 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 58867 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 86244 | 0.073 |
1 | 168999 | 0.072 |
4 | 326485 | 0.071 |
5 | 279277 | 0.070 |
2 | 150000 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 666856 | 3 |
0.079 | 126594 | 1 |
0.080 | 29377 | 2 |
0.082 | 50000 | 1 |
0.083 | 10000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
TVN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online