TSO 0.00% 3.1¢ tesoro gold ltd

A class performance shares are lenient, i wasn't invested in...

  1. 111 Posts.
    lightbulb Created with Sketch. 118

    A class performance shares are lenient, i wasn't invested in this company when the rights were issued, B, C and D are relatively reasonable.

    Regarding SP, it is 100% overdone
    https://hotcopper.com.au/data/attachments/3286/3286713-6fac7b07c59209869a1c6235dd7321dc.jpg

    Accounting for Class A dilution (Not B since market does not expect us to hit 1moz apparently)

    The market expectations for the MRE is 551,558 ounces at current price.

    https://hotcopper.com.au/data/attachments/3286/3286717-ab020706634609ef016d1d2d17a3a9d5.jpg

    If we hit 1.2m oz, accounting for Class B dilution, SP based on expectations today should be 0.235.

    Regarding "Does the smart money know something retail investors do not?" look at broker reports. Sale volume is dominated by retail.
    https://hotcopper.com.au/data/attachments/3286/3286734-2309bf64c6db63385745f6ec8907afd1.jpg

    https://hotcopper.com.au/data/attachments/3286/3286726-c5cf3e382fe1f3dce2a46100e7be1be7.jpg

    https://hotcopper.com.au/data/attachments/3286/3286736-426a606d57eafafefcfd96a105a8c5c9.jpg

 
watchlist Created with Sketch. Add TSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.