TTT 7.14% 19.5¢ titomic limited

TTT still going nowhere, page-32

  1. 8,327 Posts.
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    SP, CR circus, and their ability to keep the lights on are of serious concern.

    imho:
    If they follow their current path, they soon need to switch off the lights.
    If they deliver some pump and dump worthy news, 10-15c is achievable.
    if they make any meaningful progress, mid-term, 75c is achievable.
    if they make progress and show a clear path for succuss, longer-term, 120c is achievable.

    How much are the current personnel and management salary costs relative to TTT's now tiny market cap?
    If holders have taken a hit like this, imho, then so should the management.

    Saw this graph in their investor presentation (NEXT POST). Sure, the initial pump was a hype just like any other startup with a good story to tell.
    But management putting that in their presentation imho equals to avoiding responsibility for failure to deliver and instead blame holders and buyers.

    The question is not really one about the $3 hype. It's about a company that after several years of opportunities is now worth only a few $mil and trades at a fraction of SP at IPO. This is what the management needs to take responsibility for, instead of calling it a hype.


    Last edited by ProfessorBen: 24/07/23
 
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