TTM 1.22% 41.5¢ titan minerals limited

best consolidation ratio on ASX, page-9

  1. 2,662 Posts.
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    Most probably will drop as existing retail shareholders seek to realise their capital losses without the brokerage costing more than the proceeds. Mind you, if the SP did drop to a tenth of a cent it would render the MC about half a million so that would certainly offer a very cheap re-entry with a grand or two into a speccy. Obviously they have secured new investment based upon a SP of 1c. Imagine how they will feel if she drops dramatically first morning, especially by a factor of 10! Most likely it'll drop initially to about half a cent I think. Would I risk that for new shares? No, I don't think so, but nearer a tenth, maybe.
 
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41.5¢ 42.5¢ 41.0¢ $101.1K 243.9K

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1 45881 41.5¢
 

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42.0¢ 20246 1
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