Market may be waking up to the M&A potential - thought whoever bought the huge quantity around $2.10 would have started taking some quick profit but looks like not as yet.
Looking good eh mate
Looks like the trend change has happened .......and before many notice it will be 250 plus
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
what price would they get the company at ?
3-00 ? How does that leave everyone that purchased in the SPP @ 3.70 let alone those that purchased close to 5-00 , l& those that backed the truck up at $ 4-00 and every 25 cents on the way down ...
what price would they get the company at ?
3-00 ? How does that leave everyone that purchased in the SPP @ 3.70 let alone those that purchased close to 5-00 , l& those that backed the truck up at $ 4-00 and every 25 cents on the way down ...
Irrelevant where people got in as company and market circumstances change. More critical is where the value is now and how it can be extracted.
In this case, I suspect the boys know they have taken it as far as they can and like 42 Below, next step is sale to a bigger player on much higher multiples.
Would be good to hear other ST's views on where they see TIL heading from this point on wards. I see TIL acquiring something, others see TIL being acquired.
I would like to think TIL is acquired... this would be the best outcome for current shareholders.
After the last 'great' acquisition, the share price has (pretty much) only gone down
Irrelevant where people got in as company and market circumstances change. More critical is where the value is now and how it can be extracted.
In this case, I suspect the boys know they have taken it as far as they can and like 42 Below, next step is sale to a bigger player on much higher multiples.
That's how I see it as well Balance
That SPP last year was great - a few thou for little effort eh.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by Balance
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