TDO 1.37% 7.4¢ 3d energi limited

EV is now ~minus $6-7. Yep. Minus. Imagine the average micro cap...

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    EV is now ~minus $6-7.

    Yep. Minus.

    Imagine the average micro cap shell on the ASX that trades anywhere between maybe 10% below cash backing to quite a sum above. This will be determined by mgmt calibre, dialogue in quarterlies that indicate a potential acquisition etc. Well, TDO already has two great projects; either of which could be company makers in their own right. The market is essentially pricing complete failure for both projects at this stage.

    TDO cash.png
    Last edited by Anton Chigurh: 02/01/15
 
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