re: tam has negative news followed by positive
If you look at the past annoucements in this company you will see negative news followed by some positive news, and almost at the same time.
This is TAM'S attempt at keeping the share price up in times of capital raising.
You can expect another capital raising soon. Believe me the current production is not enough to generate a positive cash flow, especially when they start mining again.
Mining costs, low grade in the stock piles, high operating costs are about to cripple TAM.
monarch and tanami call of engagement...., page-2
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $38.77M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.3¢ | $12.04K | 357.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 194554 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1000000 | 1 |
View Market Depth
| Last trade - 13.05pm 06/06/2024 (20 minute delay) ? |
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Last
3.3¢ |
Change
-0.001 ( 2.94 %) |
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| Open | High | Low | Volume | ||
| 3.3¢ | 3.3¢ | 3.3¢ | 28077 | ||
| Last updated 10.30am 06/06/2024 ? | |||||
| TAM (ASX) Chart |