They don't have to work it out for themselves FH... I have posted it about 3 three times this week but suspect punters can't see the trees through the forest.... It's not too good to be true....it is what it is and Mr Market eventually pays the price..... Again.....
Here's my back of a postage stamp quick "IF TON were SYR calc factoring the buyout of Graphex (but not the 5m options exercisable at $1) meaning TON with 289,900,000 shares divided into SYR's Market Cap" .... SO Based on SYR at $5.70 it would put TON at $3.66 Now if we extrapolate this into the future when TON 'HAS' proved up 5x the SYR rdeposit we have TON at $18.30 per SHARE and that is on the Hill alone... I dare not factor the other 3 targets.. that would be down right disrespectful to SYR lol.
This is how a minor becomes a major... Or is gobbled up by a major... How over time, a penny stock becomes a $50 a share stock....like I said the other day talking to ol mate John at the Moose.. He got into BHP when it was only cents...looking back it makes good sense...ol John has a message for us all... The legend lives off his dividends....happy days!
Q. IS TON STILL one of the most leveraged undervalued stocks on the ASX???
A. (it's Your call....)
KL.. it's real!
TON Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
