Just an FYI and I don't mean to burst ya bubble, but this report was done based on 430mil shares on issue. Now, before I get jumped, a lot has changed since November last year, as we all know, so the valuation would be significantly higher. Regarding your 16c price target comment, I will break it down for you.
Base case 14.4c price target (430mil SOI): $62mil market cap ($1.5mil cash included)
Bull case 18.2c price target (430mil SOI): $76.8mil market cap ($1.5mil cash included)
Mid-point Target Price (A$): 16.3c
Based on today's shares on issue of ~923mil (not factoring an updated valuation):
Base case: 6.6c
Bull case: 8.3c
Mid-point Target Price (A$): 7.45c
Would be interested to see an updated research report on TMG. Also, both reports shared above are paid, so they are not doing them for free.
NFA, DYOR, IMHO
Slim
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Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $91.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 112862 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 162911 | 2 |
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| Last trade - 16.20pm 27/06/2025 (20 minute delay) ? |
| TMG (ASX) Chart |
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