Depends what you mean.
I think people just realized that talga is short on cash. That has to be something discussed with bankers at some point, no? Thats the sort of thing that comes out.
I am going to say something now that I hate saying, but the numbers support it. Beach has stated again and again that talga is not worth more than 1.45 AUD because that was the previous capital raise price. It would seem in the last 6 months we have failed to break that level. It would appear that the market agrees with Beach.
Also, a portion of this percentage loss is based on emergent strength of the US dollar. USD is very very strong right now, climbing like crazy.
Depends what you mean.I think people just realized that talga is...
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Last
66.0¢ |
Change
0.090(15.8%) |
Mkt cap ! $250.6M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 66.5¢ | 58.5¢ | $1.315M | 2.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4903 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TLG (ASX) Chart |