Thadius
Agree completely. The market cap is ridicuously low. Once they ramp up to 2M tons a market cap of over 200M would seem reasonable which would mean a share price of between $4 and $5 depending on how many new shares will have to be issued to pay for the capital to get into production.
Also in this morning's announcement it says that stage 1 can be easily expanded due to the simple ugrading results. So maybe 3, 4 or 5 Million tons from a expanded stage 1. This comment is very significant. Previous announcements were indication significant capital requirements to get 2 MTPA.
I topped up at 90 cents this morning
- Forums
- ASX - By Stock
- TYX
- rocketing today.
rocketing today., page-8
-
- There are more pages in this discussion • 11 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
NEWS
Is oil undervalued?
Add TYX (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.15M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $6.994K | 1.748M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 11980554 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 11980554 | 0.003 |
9 | 5657799 | 0.002 |
6 | 8088888 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 500000 | 1 |
0.005 | 4420458 | 10 |
0.006 | 5851693 | 5 |
0.007 | 3655116 | 5 |
0.008 | 3761706 | 9 |
Last trade - 15.05pm 06/08/2024 (20 minute delay) ? |
Featured News
TYX (ASX) Chart |