TER 13.5% 16.0¢ terracom limited

I think a valuation of about $150 million market cap is about...

  1. 5,267 Posts.
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    I think a valuation of about $150 million market cap is about right if they are out of debt by June.

    They will need a lot of capital to advance some other projects and the world is on a turning point, there is another black swan event on the cards. If they could survive care and maintenance for 12 months I would buy but they simply dont have enough cash.

    There are gold companies that were 5 cents in 2008 due to the gold correction that are now $1.50 and $1.3 billion market cap. I tend to think the whole world economy is on a turning point. Black swan events result in markets liquidating and a race to the bottom as in 2008.

 
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Last
16.0¢
Change
-0.025(13.5%)
Mkt cap ! $128.1M
Open High Low Value Volume
18.0¢ 18.5¢ 15.8¢ $1.153M 6.801M

Buyers (Bids)

No. Vol. Price($)
2 62404 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 160000 1
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Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
TER (ASX) Chart
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