This stock seems a good buy to me however the share price has done nothing since its debut. Why is this?
Is it because its projects are relatively minor? i.e low risk low return?? The mkt cap seems extremely undervalued even so.
TEX seems to be in a very sound financial position..plenty of cash and an announcement to say it will be cash flow positive in the near future. I would have thought in this climate of uncertainty,more investors would be interested in stable stocks such as Target rather than big promise 'blue sky' companies.
Will see what happens in the coming months.
Just for the record I do hold having purchased some months ago.
- Forums
- ASX - By Stock
- TEX
- on target
on target
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TEX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online