Why is Talga trading over 80c a share?

  1. 95 Posts.
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    Firstly; This is not a troll thread.

    Rather a genuine question to fellow share holders.

    I don't see why Talga is trading over 80c other than sentiment.

    We have rights to a mine, we have plans for a factory and a product, we have expressions of interest from 3rd parties (but nothing binding).
    What we have is a plan, good intentions and at the moment I write this, a pandemic and winter in Europe.
    My personal belief as to why Smedvig Talga sold out at $1.45 was they recognised the shares were overvalued and being increasingly diluted.

    Position: Held
    Sentiment: Insufficient data to date

    Thoughts?
 
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(20min delay)
Last
41.5¢
Change
0.010(2.47%)
Mkt cap ! $188.6M
Open High Low Value Volume
40.5¢ 41.5¢ 40.5¢ $58.90K 144.1K

Buyers (Bids)

No. Vol. Price($)
1 44400 40.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 12647 1
View Market Depth
Last trade - 16.10pm 08/07/2025 (20 minute delay) ?
TLG (ASX) Chart
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