That is true, but the rapid increase from 60c to circa $2 was pre last Christmas. The SP declined since the Capital Raise to less than $1.20 around March, about a 40% decline.
There have been some promising movements where positive momentum seemed to be returning around May but those gains were mainly given up from June and since then we have been effectively moving sideways. Maybe we never recovered from end of year tax selling? Whatever the case, Barchart TA puts TLG as a sell because of these movements.
You are right on the 12 months call, but I also agree with @fastfreddie, this is frustrating.
I am holding long. The company’s prospects are staggering. But the SP has certainly not performed as I had hoped or expected. Look at a 9 month chart; it has been awful.
I am not negative on the company, but I am on its SP performance relative to its prospects. Let’s hope we get delivered substantive news and positive momentum comes with it.
Cheers
KK
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Last
55.5¢ |
Change
0.010(1.83%) |
Mkt cap ! $210.7M |
Open | High | Low | Value | Volume |
54.0¢ | 56.5¢ | 53.8¢ | $187.9K | 340.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 83393 | 55.5¢ |
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Price($) | Vol. | No. |
---|---|---|
56.5¢ | 34125 | 3 |
View Market Depth
No. | Vol. | Price($) |
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2 | 83393 | 0.555 |
4 | 22366 | 0.550 |
1 | 12000 | 0.545 |
2 | 35662 | 0.540 |
1 | 15000 | 0.535 |
Price($) | Vol. | No. |
---|---|---|
0.565 | 34125 | 3 |
0.570 | 38760 | 2 |
0.575 | 65000 | 2 |
0.585 | 12000 | 2 |
0.590 | 860 | 1 |
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