Australia's largest stock trading and investment forum Australia's #1 stock forum

TBR

Click for more information

1.68%

$4.83 tribune resources limited

nailed it

First 22 Last

Share
Profile

Follow
seuss

5,619 Posts.

56

10/12/18

00:24

Post #: 36800489
Share

Originally posted by worzel1 ↑

The only way it becomes high risk is if the board act in self interest. If the board act based on what is best for the company there is very little risk for shareholders. The underlying assets are worth far more than the current share price, and promoting that in a positive way to the market would see significant benefit for shareholders........the board would appear to have adopted their typical approach of protecting their own control over the company, to the significant expense of the company and it's shareholders........EVERY deal they do has an angle where the board benefit significantly from the transaction. The only way shareholders lose from here is if the board choose to destroy value to retain control..........step one, Philippines deal, value destroyed and shares issued to obscure Singapore company just over a year old........focus on the real problem.

Expand

nailed it

TBR Price at posting: $4.20 Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 48, 2024

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 3 more messages in this thread...

First 22 Last

Add TBR (ASX) to my watchlist

(20min delay)
Last $4.83		Change 0.080(1.68%)		Mkt cap ! $230.8M

Open	High	Low	Value	Volume
$4.83	$4.83	$4.83	$5	1

Buyers (Bids)

No.	Vol.	Price($)
1	11000	$4.35

Sellers (Offers)

Price($)	Vol.	No.
$4.84	499	1

View Market Depth

No.	Vol.	Price($)
1	1100	4.850
1	2079	4.800
2	2250	4.600
1	538	4.500
1	550	4.310

Price($)	Vol.	No.
4.960	1	1
4.970	2	1
5.120	1000	1
5.200	200	1
5.500	100	1

Last trade - 12.39pm 29/11/2024 (20 minute delay)

TBR (ASX) Chart