The way to value an up an coming coal stock is hard, just look at CEO, ran up hard on 2 outstanding drill holes then kept running until a trading halt came. Market cap before trading halt at 17c was aprox $81m. The news that came out wasn't what the market expected and came off.
I believe TVN will keep running until a major news announcment comes out. The markets reaction after that will obviously depend on the announcment. Current market cap at 7.1c only $41m
DYOR
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The way to value an up an coming coal stock is hard, just look...
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Last
6.0¢ |
Change
0.007(13.2%) |
Mkt cap ! $84.63M |
Open | High | Low | Value | Volume |
5.5¢ | 6.0¢ | 5.5¢ | $267.7K | 4.724M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 57701 | 2 |
Last trade - 15.53pm 18/11/2024 (20 minute delay) ? |
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TVN (ASX) Chart |