Well I have been a buyer and still looking around at these levels.
Never thought I d get a chance to buy on market so close to IPO price - at least not when this originaly crossed our radar, but market was a different beast then.
Fundamentals havent changed. Still a very low EV vehicle with a beautiful register that is tight IMO despite the recent softness we have seen.With exposure to excellent dealmkaers who could easily vend another quality project into thi suing its plentiful cash reserves = bags + bags .
I would theorise that either spread is coming out, or that some are lightening up in view of the months of exploration needed before results and before they could reasonably get a new acquisition past the ASX. But downside is limited IMO at these levels and I am patient enough to wait after accumulating cheap.
Just like OOK at 1.5c or BLZ at 3c in June last year....
TAO Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
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