Australia's largest stock trading and investment forum Australia's #1 stock forum

TER

Click for more information

2.17%

22.5¢ terracom limited

Ann: Wintime Cooperation Agreement, page-32

First 32 Last

Share
Profile

Follow
w1londongroup

4,868 Posts.

363

15/08/24

12:25

Post #: 75219528
Share

Originally posted by jace.h: ↑

I'm not sure that's an entirely fair comparison.

TER got lucky with their BA acquisition from Rio in 2016.

SMR got lucky with their acquisition from BMC (mostly BHP) in 2022. If SMR hadn't gotten lucky in 2022, they would not be in their position today. And there wouldn't be that nice chart.

The other two Queenslanders who didn't get lucky are BCB and CRN.

So as bad as I think TER management is, life is tough unless you get lucky.

Now this might surprise... but I can sort of accept TER management sitting on their hands.

The thing about their non-BA assets in Australia is I don't think they can spend any money on them. Or rather, what's the point? Queensland isn't going to let anyone develop them anyway. (This includes Moorlands because it would've been developed by now if it was profitable to do so. It's been around for a long time.)

As for SA, I'm not sure that's a better use of capital than just returning to shareholders. They can't even offload their existing SA assets at an okay price. So why invest more?

Expand

lucky? lol…….. try extremely smart negotiations and delivery from Craig…. Luck .

board are terrible and all need to go

TER Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

1 Great analysis

Reply

Top Stories

BIO

Biome reaches intellectual property milestone in strain development program

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

IR1

Iris Metals jumps +22% as NASDAQ's Stardust probes economics behind possible offtake

RSG

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

HAS

Yangibana 33% complete says Hastings, as it provides clarification on funding

There are more pages in this discussion • 15 more messages in this thread...

First 32 Last

Add TER (ASX) to my watchlist

(20min delay)
Last 22.5¢		Change -0.005(2.17%)		Mkt cap ! $184.2M

Open	High	Low	Value	Volume
23.5¢	23.5¢	22.0¢	$640.0K	2.798M

Buyers (Bids)

No.	Vol.	Price($)
3	32558	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	4303	2

View Market Depth

No.	Vol.	Price($)
1	5222	0.235
1	4276	0.230
7	411394	0.225
19	465338	0.220
7	252677	0.215

Price($)	Vol.	No.
0.210	83	1
0.220	32533	3
0.230	200600	5
0.235	297766	4
0.240	73584	4

Last trade - 15.59pm 14/11/2024 (20 minute delay)

TER (ASX) Chart