TAM 3.57% 2.9¢ tanami gold nl

as i stated to Vayama,i don't think TAM has ever traded on...

  1. 4,326 Posts.
    as i stated to Vayama,
    i don't think TAM has ever traded on fundamentals, that said can it stay there? sure, the story is just unfolding, there will be plenty of pages added to the storyline over the next 12months and with plenty of shares on issue traders should be able to make a good dollar along the way.

    Will the traders stick around and keep the price up? i'm not so sure, if they don't will the investors step in? possibly, but most of them trade on fundamentals so will they be prepared to pay 6cents? at the moment probably not, so all will hinge on what sort of resource they prove up and how much gold that lets them produce and at what cost.

    going to be interesting to see what unfolds, obviously i know well tht a stock can fall as quickly as it rose, this one has rallied hard so don't put your house on it take the opportunities if you see them.

    regards
    Davo

 
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Last
2.9¢
Change
0.001(3.57%)
Mkt cap ! $37.60M
Open High Low Value Volume
2.8¢ 2.9¢ 2.8¢ $21.74K 756.1K

Buyers (Bids)

No. Vol. Price($)
3 397365 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 362775 4
View Market Depth
Last trade - 11.31am 02/12/2024 (20 minute delay) ?
TAM (ASX) Chart
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