TON 10.0% 0.9¢ triton minerals ltd

no SH in their right mind is going to stump up more cash in a CR...

  1. 369 Posts.
    lightbulb Created with Sketch. 8
    no SH in their right mind is going to stump up more cash in a CR (even if we were allowed to do one).

    SH value has been decimated with incompetent management / incomplete drill holes and a grafex deal that beggars belief... we've been run into the ground!

    IMO - at this precise moment in time a CR would be akin to throwing more good money after bad.

    the only way that a CR would succeed is
    1) if the new directorship was proved to be a good move;
    2) that things are progressing beyond the cone of silence and
    3) that the resource is proved (beyond a shadow of a doubt) by competent & impartial testing to be excellent.

    and even then - you are going to have alot of burnt 'mums and dads' that are going to hightail it out of here the minute we relist (if we relist) - and unless we have insto support ready and willing to soak up the dumpers - then the SP will wind up being under 1c

    I cant see any good outcome.
    for your own sanity - mentally write this loss off and learn from it
    IMO we've all been taken for a ride by the cowboys in WA
 
watchlist Created with Sketch. Add TON (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
-0.001(10.0%)
Mkt cap ! $14.11M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $2.581K 276.6K

Buyers (Bids)

No. Vol. Price($)
5 2475185 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 836042 5
View Market Depth
Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
TON (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.