I feel like it's easy to jump on the bandwagon of 'shorters are responsible for the share price drop' but given the current market conditions (high inflation , high interest rates, debt ceiling which has now been resolved), inclusion in the index (and the accompanying level of shorting associated with it), the uncertainty (and bottleneck) of permits, off-takes , financing , all of which are still running their course , being a mid cap speculative stock that's currently generating zero revenue with a production timeline dependent on the Swedish courts , I can see the lack of appeal for many who want to derisk their portfolio. The shorting of TLG is in line with other stocks in similar positions if not less. We stand at ~2%.
I'm a Talga bull (without a crystal ball) so I do hope it's all behind us in the next 3-6 months ...
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I feel like it's easy to jump on the bandwagon of 'shorters are...
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Last
42.8¢ |
Change
-0.008(1.72%) |
Mkt cap ! $159.6M |
Open | High | Low | Value | Volume |
44.0¢ | 44.0¢ | 42.0¢ | $72.04K | 167.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 4485 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 32087 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 4485 | 0.425 |
16 | 69139 | 0.420 |
13 | 101944 | 0.415 |
10 | 262113 | 0.410 |
5 | 12225 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 32520 | 12 |
0.435 | 27398 | 4 |
0.440 | 19143 | 6 |
0.445 | 50581 | 5 |
0.450 | 23508 | 4 |
Last trade - 11.07am 25/07/2024 (20 minute delay) ? |
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TLG (ASX) Chart |
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