We shouldn't begrudge the 2 Chinese companies for buying their stakes/shares at 11c. TNG at the time needed the cash injection and the Chinese companies saw it fit to put in their $millions and bought the shares . For some time they were losing money on their investment like many LT holders. Now that the SP has gone up, it is only fitting that they are now getting a decent return on their investments just like the LT holders.
The Korean companies have just joined in and Hyundai would like to get a cornerstone stake in the project or TNG entity and Hyundai should be expected to pay a good premium for it as the MP project has progressed and very much derisked
My humble opinion
a
Peaking Too Soon, page-31
Add TVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.27M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 300000 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 21276 | 1 |
View Market Depth
| Last trade - 09.30am 11/11/2024 (20 minute delay) ? |
| TVN (ASX) Chart |
Day chart unavailable