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
58.0¢ |
Change
-0.020(3.33%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 62.0¢ | 56.5¢ | $596.5K | 1.020M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21914 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 4681 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| TLG (ASX) Chart |