One quote I love is, "Mr Market is right, even when it is wrong". TON holders should know this by now.
IMHO, yes, BB has done a good job in getting TON off the ground, but are these the best deals to maximise shareholder wealth? Reading the fine print and weird, roundabout partnerships, no, absolutely not, and the market shows reflects this in the share price.
The best thing that can happen is a strong JV partner with plenty of industry experience. Unfortunately, the Chinese now have their claws deep into TON and I doubt any one else will ever get close to even making any kind of offer.
Shareholders better pray those offtakes and partnerships come through as negotiated and TON doesn't start getting badly low-balled like I have seen many times before...
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- Bradley Boyle
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $14.11M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $259 | 26.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 122784 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.009 |
6 | 770529 | 0.008 |
4 | 492850 | 0.007 |
2 | 416660 | 0.006 |
2 | 899995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 122784 | 2 |
0.012 | 491367 | 5 |
0.013 | 1538461 | 1 |
0.014 | 200000 | 2 |
0.015 | 1333333 | 1 |
Last trade - 15.57pm 12/07/2024 (20 minute delay) ? |
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TON (ASX) Chart |