See: > TEK - Thorney Technologies - Cheat Sheet
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Geoff Wilson popularized "buying a dollar for 80 cents" regarding ASX CEF discounts, and this misleading and simplistic phrase rarely has worse consequences than when considering Thorney Technologies (TEK) where you can buy a dollar for less than 70 cents! TEK has existed since 2017 and its founder, Alex Waislitz, is a billion dollar rich lister who throws extravangant parties that apparently help shield him from criticism within the finance industry. In this post, I explain just how wrong-headed this thinking is about CEF discounts and why TEK's discount deserves to be gigantic and, if things stay the same, only get bigger over time.
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TEK
thorney technologies ltd
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2.17%
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9.0¢

See: > TEK - Thorney Technologies - Cheat Sheet<<Geoff Wilson...
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Last
9.0¢ |
Change
-0.002(2.17%) |
Mkt cap ! $34.00M |
Open | High | Low | Value | Volume |
9.2¢ | 9.2¢ | 9.0¢ | $101.5K | 1.118M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 171186 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 85000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 171186 | 0.089 |
1 | 250000 | 0.087 |
1 | 46080 | 0.086 |
1 | 45000 | 0.081 |
1 | 37500 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 85000 | 1 |
0.093 | 35216 | 2 |
0.095 | 230000 | 2 |
0.100 | 163341 | 3 |
0.110 | 30000 | 1 |
Last trade - 15.57pm 24/06/2025 (20 minute delay) ? |
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TEK (ASX) Chart |