TEK 0.00% 13.5¢ thorney technologies ltd

chart woosh ca....., page-17

  1. 4,058 Posts.
    hey mrs peel
    i have followed this one for awhile actually and have rung management a few times. the first thing that drew my attention to them was the fact their cash was double their marketcap at the time but then he pointed out to me there were other shares i wasn't taking into consideration. i appreciated his honesty and have been following it since. i always knew it was an ag input and oil output play as its a biodiesel company. as you point out the formula of expensive inputs and cheap output has reversed in recent times and this was the very thing that drove it down from its highs in the first place. the technicals today confirmed to me a good entry point to be long. whatever is happening the charts don't lie.
    cheers.
 
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