I think TTN offering a good ST trading opportunity as its share price has been smashed. down over 80% for the year.
2013, average camp utilisation rate 71%, currently might be around 60%. lets say worst scenario EBIT down to $8m. Current market cap $25m looks very attractive.
dyor.
AUG Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
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