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56.0¢ talga group ltd

TLG - Media, page-16052

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manny100

5,210 Posts.

2231

19/06/24

12:41

Post #: 74388599
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Originally posted by stockyclint: ↑

This is where Mark et al. REALLY need to have their ducks lined up for when the Supreme Court decision comes down. If Talga can announce a solid offtake and details of finance very soon after the supreme court decision there could be a great rally - CR at say $1 - $1.2 say.

If Talga aren't very organised they could miss the boat and have to raise at 50c or less. The next few months is when the c-suite need to early their pay packet and if they don't I will certainly think much less of Talga's management going forward.

Better yet they announce customer prepayment and debt finance will be sufficient to get them through to AAM deliveries

Expand

MT did say at the last webcast that expenses were being trimmed. They should get another quarter on top of the last quarter's predicted cash burn.
We will get a good idea when we see the June quarterly in late July.

Last edited by manny100: Yesterday, 12:42

TLG Price at posting: 56.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 56.0¢		Change -0.005(0.88%)		Mkt cap ! $212.6M

Open	High	Low	Value	Volume
58.0¢	58.0¢	55.5¢	$502.1K	893.9K

Buyers (Bids)

No.	Vol.	Price($)
2	14090	55.5¢

Sellers (Offers)

Price($)	Vol.	No.
57.0¢	33008	2

View Market Depth

No.	Vol.	Price($)
2	14090	0.555
25	179006	0.550
1	60000	0.545
4	38259	0.540
2	1101	0.535

Price($)	Vol.	No.
0.570	33008	2
0.580	5125	2
0.585	7847	1
0.590	9000	2
0.595	10124	1

Last trade - 16.10pm 19/06/2024 (20 minute delay)

TLG (ASX) Chart

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