my own thoughts are that the sp is now settling & represents compelling value. dont like bottom feeding but in good market conditions, ttn have proven to be a profitable company & rewarded shareholders with good results. obviously things are more challenging now but billions has been spent on these 3 lng plants in queensland , the stakes are too high & from next year they are going to need more & more wells to come online from possibly more than just queensland! with the domestic gas market approaching a shortage crisis, ttn have a legitimate business and a $20 mill market cap is really ridiculous. im as positive as i can be that the market has way overshot to the downside. happy to have entered for a modest amount at the prevailing sp for a medium term hold.
AUG Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
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