TZN 0.00% 3.0¢ terramin australia limited.

unrealistic current valuation

  1. 6,951 Posts.
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    1) In valuing this company one should consider the maintainablke price of ZINC . One cannot safely say that it is the current level.
    2)The company let 70 % of the deposit in SA go to ZFX for $8million. Surely the managemnet will now rtegret that decision . As if the company is npow being vaued for its remaining 30n % by the market at say $100Million + then how smart were the directors to let 70 % of the deposit go for a mere $8 million .
    3)As the directors dealt with ZFX , how can one be sure what the benefits of the algerian adventure will be.
    On current information I am taking the view that this is one highly over valued company which has been swept up in the current euphoria. I will look for a better valued share with a correct chart pattern.
    I am not a fundamentalist so everyone should look at the facts themselves. B2

 
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Mkt cap ! $63.49M
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Buyers (Bids)

No. Vol. Price($)
1 19000 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 200000 1
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Last trade - 16.12pm 11/07/2024 (20 minute delay) ?
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