The share price has been underwhelming today. I understand the importance of the milestone that was reached yesterday and this is not a knock on Talga but more so the current state of the market. From a risk return perspective , investors weren't rewarded for holding the shares prior to the decision. Getting a NO for the permits would have decimated the price but I thought there would be more of an immediate upside after getting a YES than what we saw today.
I continue to hold - I am a long term investor and I do believe the upwards trajectory of the share price will be reflected accordingly in due course.
TLG Chart, page-2730
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Last
41.5¢ |
Change
-0.005(1.19%) |
Mkt cap ! $165.0M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.0¢ | 40.8¢ | $292.7K | 704.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 22906 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 24793 | 12 |
View Market Depth
| Last trade - 15.46pm 16/08/2024 (20 minute delay) ? |
| TLG (ASX) Chart |