TLG 1.14% 43.5¢ talga group ltd

TLG - Media, page-3028

  1. 265 Posts.
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    I'll try to step into the role of the devil's advocate for a moment.

    The point of an investment is not to bet on the best horse, but on the horse that performs best in relative terms (performance increase between share purchase and share sale). When deciding to buy shares, it is always a matter of timing. It may be that Talga is undervalued in terms of potential - but if you take a look at the development of the market value of Talga and selected competitors, it becomes clear that other companies have performed much better in the recent months.

    By way of example, here is the development of the shares from the day where there was speculation about a possible tenfold increase in Talga's market cap in 6-12 months (https://hotcopper.com.au/threads/talga-the-next-12-months.5808229/):
    https://hotcopper.com.au/data/attachments/3115/3115686-6b5a29b57f02c7dff0821f70d0df0019.jpg


    What has happened since then:
    - Capital raise
    - The largest investor left the company without giving any reasons and without explanations by Talga
    - Studies were postponed by several months at the last minute
    - We are waiting in vain for permits for the production of mines/refineries
    - We are relying solely on the statements of management regarding superior performance and margins of Talnode

    Of course, this is only a snapshot, but in retrospect, it was anything but wise to enter Talga at the end of last year and not to diversify.
 
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Last
43.5¢
Change
-0.005(1.14%)
Mkt cap ! $165.3M
Open High Low Value Volume
44.0¢ 45.0¢ 42.3¢ $430.4K 984.1K

Buyers (Bids)

No. Vol. Price($)
2 30695 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 2272 1
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Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
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