What on earth are you two on about? The price has dropped so it could go to zero? Complete rubbish!
Stocks move up and down everyday, doesn’t mean they go to zero too where they then just call it a day…
Hey bud, sorry i think I’ve confused myself. I thought richard was honestly asking if a stock can reach 0 and what that means. Assuming he might be new to trading I answered his with a yes and then provided a snippet from an article that explains more indepth what a stock reaching 0 means for a investor.
Same as you, I dont think that will happen with TM1 and that these fluctuations are just a part of the growing pains of an new business, however i do feel sympathy for anyone feeling a little uncomfortable seeing the price drop dramatically as it can be a little nerve racking to some less confident investors.
Sorry, didnt mean to make you think I was trying to say TM1 is on the floor. Maybe i should have sent him those messages directly instead.
5 Likes
Hi spittake.
Thank you for taking the time to answer.
I am an amateur. And was simply asking out of curiosity as to if a share price could reach zero and what would happen (hypothetically)
I think Mrchew has misunderstood or misread the conversation thread.
Once again. Many thanks.
3 Likes
No worries, it just seemed all doom and gloom on this thread and thought it needed some pushback.
Apologies if I misread the room.
Just my two cents on TM1… I think after the initial IPO honeymoon phase it’s still finding its feet. This could well go lower, but as a cash generating business there is certainly a floor in the SP.
I wouldn’t be surprised if we saw a bounce soon, hence I’ve started buying sub 3p.
9 Likes
I do believe TM is going to be a really good return in time , dont bother me waiting for the long term benefits to come. They say starting any business takes around 3 years to establish and to be profitable.
They only jest opened 1 of 2 recycling plants, 2nd to open soon witch is the exciting one for me.
3 Likes
Nice little video of recyclus factory posted on twiter today, https://twitter.com/TechMinerals/status/1499669720039051265?t=5yr9N4Nj1b-9DzZ1FR5mqQ&s=19
7 Likes
Just sold a kidney to top up to 41k shares. Now it’s just a case of worshipping every religious icon.
8 Likes
You could have just just joined their shares for batteries scheme John, you may need that Kidney one day!
4 Likes
Wish it was the lithium plant
3 Likes
Looking forward to both plants being up and running and some revenue coming in, and then hopefully the share price will start heading In The right direction!
3 Likes
What is encouraging is hearing TM are planning to open 1 new plant every year for the next 5 years.
I know its plans at the moment, still good to hear TM are planning to expand like this.
2 Likes
Wish i had an extra few kidneys to sell and go up acouple thousand in holdings.
Anyone know any good horses to make a little extra on… (JK)
1 Like
Shares for batteries? Should i start ‘collecting’ old phones?
If they adopt my ‘shares for batteries’ idea I will expect full credit.
2 Likes
Why are they rejecting orders again
@NeilB put up a good explanation on reply 253/268 in this thread
2 Likes
3 Likes
2 Likes
That explains the dip for the last couple of months
1 Like
An interesting podcast from Stockbox yesterday where they focus on TM. Nothing particularly new in there but they do just reinforce points made previously about the value of the company moving forward.
For those who have started to doubt in recent weeks it’s a good little reminder that nothing has changed and moving forward TM is still looking like a very exciting prospect.
It’s well worth a listen, there’s a link to it on the TM twitter feed.
6 Likes