Don't be too quick to celebrate. 5-6 months between now and permits is a long time. If you had said to me that Talga would reach 1.25 a few months ago I would not have believed it. It happened twice. On the US exchange the price briefly went to 1.16 AUD (thanks whoever sold 1 million shares, i picked up 20k).
Maybe we hit rock bottom. On the other hand, this evegrande stuff seems to be a slowly engulfing avalanche. Additionally, Talga only has drilling updates really to give that I expect for the next 2 to 3 months. In the past drilling results were good for a momentary injection but not a sustained rerate, obviously.
For myself, I will have another tranche of $$ to invest in the next 6 months. If I am purchasing at $1.80, so be it. But I do not eliminate the possibility of talga hitting 1.25 (or lower).
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Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $160.0M |
Open | High | Low | Value | Volume |
40.5¢ | 40.5¢ | 39.0¢ | $215.9K | 545.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 18145 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.0¢ | 12221 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 14838 | 0.390 |
7 | 69138 | 0.385 |
16 | 223558 | 0.380 |
6 | 60456 | 0.375 |
9 | 347441 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.410 | 12221 | 1 |
0.415 | 15760 | 1 |
0.420 | 36438 | 3 |
0.430 | 83519 | 3 |
0.450 | 68974 | 5 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
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