TTM 0.00% 44.0¢ titan minerals limited

If and when we do get back on the board it'll be interesting to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,662 Posts.
    lightbulb Created with Sketch. 98
    If and when we do get back on the board it'll be interesting to see how many holders opt to sell straight off and how many hold to see what happens before committing. I expect there to be at least a 10:1 consolidation but maybe up to 30:1. Assuming 10:1 the last traded price would equate to 1c per share, but quite obviously that will fall - perhaps to 0.5c? 0.1c would be painful but possible I guess, especially if most holders opted to get out at any price. Once it gets that low, though, you have to figure the proceeds are so low that you may as well hold and hope (which we've had plenty of time to get used to!). So maybe on balance the SP is probably unlikely to fall as far as possible, no matter what the consolidation rate. With gold at the current level or better there has to be some potential for profit so I can certainly imagine both new punters and a few existing holders being willing to buy new shares cheaply, just on the off chance something comes good. Bring it on!
 
watchlist Created with Sketch. Add TTM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.