EV is now ~minus $6-7.
Yep. Minus.
Imagine the average micro cap shell on the ASX that trades anywhere between maybe 10% below cash backing to quite a sum above. This will be determined by mgmt calibre, dialogue in quarterlies that indicate a potential acquisition etc. Well, TDO already has two great projects; either of which could be company makers in their own right. The market is essentially pricing complete failure for both projects at this stage.
Why sell?, page-4
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Last
9.1¢ |
Change
-0.007(7.14%) |
Mkt cap ! $23.20M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.5¢ | 9.1¢ | $22.25K | 235.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 109999 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 387595 | 2 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| TDO (ASX) Chart |
