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).
Don't be too quick to celebrate. 5-6 months between now and...
-
- There are more pages in this discussion • 1,367 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
61.0¢ |
Change
0.015(2.52%) |
Mkt cap ! $227.8M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 61.5¢ | 59.0¢ | $45.77K | 75.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7839 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 14879 | 7 |
View Market Depth
| Last trade - 11.50am 02/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |