Crazy action today seeing the SP drop to $1.38, or 11% below the last institution placement offer of $1.55 (which was itself another 11.5% discount of the previous 20-day average). This SP now must surely be in the "stupid price" territory. Even after the previous institutional placement last October set at $1.10, the SP just re-retraced (but did not go lower than the offer price), and briefly touched $1.10 before going up again strongly. And now we see a headline "EU Commission wants 10% of critical raw materials mined in Europe". Right now, surely TLG is the biggest potential "gift horse" ? I bought more today at $1.405 and $1.42. There's seems to be an absolute flood of positive news about the improving regulatory environment in the EU/Sweden and TLG itself, yet the SP is getting beaten down. The last 1-hour video from Mark was brilliant, everyone should try to watch it. When I registered and got sent the link, I think there was a 2 week window to view it for free.
All IMHO, DYOR
TLG - Media, page-11943
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Last
52.0¢ |
Change
-0.010(1.89%) |
Mkt cap ! $223.0M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 55.0¢ | 51.5¢ | $531.1K | 1.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3159 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 27969 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TLG (ASX) Chart |