Make it simple, TTY will be producing 1.5mlntpa which is equivalent to $30mln in earnings. TTY targeted to double this production rate within 18-24 months i think....
- At $30mln earning alone, it is more than enough to value TTY at $1.20. Any further increase in production or acquisition means upsize to TTY's valuation.
The last 2 days sell down is basically down to fear, and investors preference toward certainty and security rather than something that causing dispute, etc.....
- Forums
- ASX - By Stock
- TFE
- possible sell down might be investors jumping
TFE
territory iron limited
possible sell down might be investors jumping, page-6
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)