re: Ann: 137 metre thick coal sequence inters...
"So you're dumbfounded that a company that may have found 500mt of good thermal coal has a market cap of $42m"
Yep, pretty much. Most of my comments have been around the low market cap for TVN, was just in a rush at work so didn't mention that, so thanks for pointing it out there.
Back from my 6874311 post on 27/6:
Strange...
No real buying, but even stranger, no real dumping.
eMark"
Agreed. Happy to wait on this, if we don't get a selloff then we might just see a bit of movement up, as:
- friday's close was very strong and a lot was taken up at 1.7c in the closing auction - market cap just 8m - market cap at say 3c is around 15m only - only $288k seperates it from running into the 2c range and we know what small low mc co's can do on news based runs
TVN Price at posting:
6.3¢ Sentiment: LT Buy Disclosure: Held
