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1.4¢ tombador iron limited

Beaten down and cashed up, page-2

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254

22/06/22

11:44

Post #: 62133734
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Originally posted by ZeroDown: ↑

I would just like to know some of your guys thoughts on this company, i know their IO sales need improvement and with the economy the way it is almost everything seems a little risky but with a cashed up company with 31ish mil which is roughly the same as its market cap with no debt, the price has been beaten down to 2.8c. With a bit of patience im starting to feel a bit more up side from here on, good or bad what is your opinion?

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I agree - the big risk is that management are under control of major shareholders and that we are not going to see any dividends...

Hopefully not the case though and they start to distribute...

TI1 Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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