TVN 0.87% 5.8¢ tivan limited

While the board can be frustrating, I think you need to compare...

  1. 421 Posts.
    lightbulb Created with Sketch. 178
    While the board can be frustrating, I think you need to compare a little more to what you have invested in here.... the average investment in an operational company might make you a return around 8% yield and 2-3% capital growth (yes it varies but these are just typical not event type years and companies).

    I will assume you have held about 2 years.
    Once TNG finally goes it will be worth over $1. Plus it can start paying dividends.

    Thats over 13x current value. So $1,000 today would be over $13,000.

    The big serious money players know how to sit out of these types of companies until the last minute. If this was six months off, the big money would already have piled in and you would not be able to buy in so cheap.

    Its really great you have started to invest, but you do need to play a long game with investment, and you have the time. Either that or invest in operational companies that have already got past the hurdles, but won’t return as much as those hurdles have already been past into the price.

    Patience Padawan
 
watchlist Created with Sketch. Add TVN (ASX) to my watchlist
(20min delay)
Last
5.8¢
Change
0.001(0.87%)
Mkt cap ! $99.92M
Open High Low Value Volume
5.8¢ 6.0¢ 5.8¢ $20.48K 350.0K

Buyers (Bids)

No. Vol. Price($)
3 156312 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 90779 3
View Market Depth
Last trade - 15.32pm 12/07/2024 (20 minute delay) ?
TVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.