I think COD will take out TRN one day, they will want 100% of...

  1. 9,084 Posts.
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    I think COD will take out TRN one day, they will want 100% of this project no doubt.

    It then just comes down to arbitrage, COD should be trading at about 3x TRNs MC (assuming no value in other projects) currently it’s 5x so I would say in my eyes TRN currently better value… but being manager has its advantages.

    I hold some of both.
 
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(20min delay)
Last
8.4¢
Change
0.000(0.00%)
Mkt cap ! $20.96M
Open High Low Value Volume
8.4¢ 8.4¢ 8.4¢ $18.84K 224.3K

Buyers (Bids)

No. Vol. Price($)
1 52423 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 138823 1
View Market Depth
Last trade - 15.34pm 25/07/2025 (20 minute delay) ?
COD (ASX) Chart
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