HappyCats, I was looking at some old broker reports which valued TAM, at one point (about 3 years ago)at $2 a share. A lot less shares on issue back then, but I think it was still a market cap target of around $500m. If TAM retained their 40% interest in the JV with NST, and NST got seriously on the front foot (and let's face it, they do that) over the next 12 to 24 months, then the upside from here in TAM's share price is very interesting. Who knows, NST may get more involved in what TAM has, as we go along.
Could be a short term opportunity to accumulate whilst there is this small cloud of confusion over the deal. No guts no glory....that's my motto..lol
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40.0¢ |
Change
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Mkt cap ! $398.7M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.8¢ | 39.5¢ | $957.5K | 2.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 276549 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 103322 | 4 |
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