I like the chances of that.
We have to remember that there are still lots of instos who would have kept their shares since the CR in a "heavily oversubscribed placement". I can assume that there were lots of others who would have wanted to join at the time.
At this point of the market cycle, there are lots of other potential investors who are cashed up after liquidating a lot of their stocks in companies lacking in further growth as a result of the recession that is likely.
This all means that stocks like TEM, which can offer great upside, might be given a look at by such investors.
I like the chances of that.We have to remember that there are...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.899M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1500000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 869575 | 3 |
View Market Depth
| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| TEM (ASX) Chart |
Day chart unavailable