My argument was that if you ask the majority of directors of listed companies, they'll tell you why their company is undervalued. Im not saying MT is wrong, and im not saying tlg isn't viable as a business or as a company. But obviously the market doesn't agree with these lovely valuations im seeing here and I dont believe it will until either:
1. the announce partnerships with someone like northvolt or sign a contract to supply their product
2 they start making meaningful revenue (probably 12 months or so away)
TLG - Media, page-204
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Last
67.5¢ |
Change
-0.015(2.17%) |
Mkt cap ! $256.3M | |||
| Open | High | Low | Value | Volume |
| 69.5¢ | 70.0¢ | 67.0¢ | $269.5K | 393.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8248 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 17667 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
67.5¢ |
Change
-0.015 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 69.5¢ | 70.0¢ | 67.0¢ | 115485 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| TLG (ASX) Chart |