TMS tennant minerals limited

Hi GPI would be jaded too if I held this stock long term.The...

  1. 2,304 Posts.
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    Hi GP

    I would be jaded too if I held this stock long term.

    The nature of this beast is to enter at CR 2.5c or under at 2.1c in my case. So yes got in cheaper than GBU and Peak. They did get options as a carrot, but honestly if I am holding and they are in the money. 20% dilution!
    I would be ecstatic to endure the 20% dilution

    To be frank the SP has bottomed out. Downside risk is low and drilling dusters is not a realistic expectation for the high grade ground they are on. Yes expecting upside!
    20m MC pfft Explorers with rock chips are worth more! As soon as results are out the DT,s will pump this to my sell target with ease.

    Anyway Vincent Algar has to dance for the money men if he wants his next round of funding to continue. Expecting news flow, sales pitches and drilling results up till end of year.

    My modest and realistic return on investment has been set. Most likely before the GBU and Peak funds expected return when you will see a slide in SP.

    Gotta keep a step ahead
 
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(20min delay)
Last
0.8¢
Change
0.002(33.3%)
Mkt cap ! $7.647M
Open High Low Value Volume
0.6¢ 0.9¢ 0.6¢ $33.82K 5.004M

Buyers (Bids)

No. Vol. Price($)
1 100000 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 382343 1
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Last trade - 16.10pm 23/04/2025 (20 minute delay) ?
TMS (ASX) Chart
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