TNO 0.00% 10.0¢ tando resources limited

TNO chart, page-48

  1. 494 Posts.
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    Also, I think using volume traded rather than transactions would be a better way to compare. As in the past 2 months there has been 338+ transactions under $500, including 80 transactions under $50 worth (500+ transactions under $1000 in 7 weeks also), are these really worth including as individual transactions? Is this actually a relevant indicator to measure liquidity? It's alright saying a company ran to a certain shareprice with low SOI, but it's not worth that if you can't actually sell anywhere near that.

    The shareprice finished at a pre split $1.11, this isn't proof its had an effect. But the actual value traded is way up since the code switched back to normal (granted a run in price can contribute to this), even today which felt very uneventful had over $200k worth traded. The 15th of May had just $1.4k traded for the entire day.


    I'm not saying the split will have a noticeable difference and there is no way to measure it. But does the split have the potential to encourage more buyers to have a look and perhaps invest here, IMO most definitely yes. I think you are being a little to focused on the lack of change the split has done to us and not how it can potentially impact others.
    Last edited by dunny29: 01/06/18
 
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