TLU 0.00% 0.2¢ tellus resources ltd

25c ipo to 4.3c

  1. 614 Posts.
    At least Management are not paying themselves exorbitant fees and salaries like a few other juniors, but I would like to see Management and Directors put some skin in the game. The IPO price was 25c, and today they are trading at 4.3c. I'd feel more confident if I saw Directors buying at these levels and up to 10c even. There would not appear to be much stock on the sell side...then again, even less on the buy side. TLU is just another lobster pot it would appear.
 
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Currently unlisted public company.

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