TAM currently provides an excellent risk/reward investment play. Given its current assets, I estimate a maximum downside to 3 cents and an upside to its estimated NTA of 12 cents, or at a share price of 4 cents an exceptional 8:1 profit to loss ratio.If we then look at the potential near term events and their estimated probability that could trigger a re-evaluation of this unloved stock i.e. A Takeover by APAC Resources at say a 75-80% probability and/or an announcement from NST of CTP mining commencement at say an 85-90% probability. The combination of these probabilities supports an excellent short term investment outlook with high upside potential and fairly limited downside! DYOR
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Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $36.42M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.0¢ | $10.73K | 353.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 999917 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.031 |
1 | 300000 | 0.030 |
1 | 384615 | 0.026 |
2 | 145052 | 0.025 |
1 | 125000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 999917 | 1 |
0.036 | 23033 | 1 |
0.038 | 90000 | 1 |
0.039 | 35000 | 1 |
0.040 | 250940 | 2 |
Last trade - 14.39pm 28/06/2024 (20 minute delay) ? |
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