Tethys Share Discussion Threads

[cutliff2] 07/3/2024 22:36

Your probably right Tankerton but the constant delays and missed targets sure get you down.
How many weeks are we beyond the stated two for news?
Moving from the Canadian backwater to the NYSE would be a big positive,no doubt about it.That would say more about their intentions than an RNS.
We will probably be back near $1 tomorrow on 50 sells 🤬

[tankerton] 07/3/2024 21:44

Dr3dd, as frustrating as things are at the moment, the bottom line is that if things turn out the way we hope then not only will there be upward momentum but you will be looking at multiples of today's price even before growth, and or a takeover is factored in.

[dr3dd] 07/3/2024 21:15

Interesting info tankerton.

[tankerton] 07/3/2024 19:41

Dr3dd,
On days where the bots exchange single figure trades it is relatively easy to control the price. On days where there is higher volumes it is not so easy. This last couple of days we have seen the effects of one way trading resulting in a huge 82% gain followed by days of two way trading resulting in high volatility.
It is this matched bargain basis that we need to get away from.
A move to the NYSE is definitely the right move.

[dr3dd] 07/3/2024 17:04

Ratfan were you the only one in profit apart from the major investors when those 360 multiple 100 trades were made a few days ago? LOL

[ratfan] 07/3/2024 15:59

Funny how they can walk the price up on not a great deal of volume now some news is imminent. Not that I'm complaining! 1.50 CAD is breakeven for me so hopefully a bit of profit to be seen this year!

[dr3dd] 07/3/2024 15:12

The market is awake....

[dr3dd] 07/3/2024 12:38

Tankerton, ah got it hence the spikes up and down achieving bare minimum.

It worked in Bills favour though as he has bought multiple millions and the share price has hardly moved.




Come on Bill lets kick this cowboy exchange in the butt and lets start Tethys new era on a professional exchange.

You have got what you want out of it now let this share price run


And lets have an update on this company changing news that you have been working on for 7 years!

[tankerton] 07/3/2024 12:32

Dr3dd,
Because it's on a matched basis. The problem with matched trades is that it leads to a highly volatile price which is why we need to get off this exchange as soon as possible.

[dr3dd] 07/3/2024 12:24

Agreed, the trading looks a little suspect to me! How can 3000 sell wipe 40% off of a share price.


All adds to the comedy that we have had to endure over the near decade.

[1399peter] 07/3/2024 11:55

Wouldn't it be nice to see some of those shares at $1.75 offer, get snapped up today. Rather than the usual boring snoozefest of a stand off.

[ratfan] 06/3/2024 17:51

Muat be some news about drop. Could be in for a nice re pricing soon.

[fbrj] 06/3/2024 17:25

Live spread (ii) showing 1.50/1.70 (narrowed considerably!)

Trade just gone through @ 1.50

National Bank Financial bought most of today's trades

[tankerton] 06/3/2024 17:06

Up 54% @ 1.75

[tankerton] 06/3/2024 16:52

On its way back up again I see.

[karmicpete] 06/3/2024 14:06

Hi Dr3dd, need to wait for Canada to open to get a true picture of Level 2. I'll take a snapshot for you 15 mins into the trading session.

[dr3dd] 06/3/2024 10:03

1399Peter, no problem.

If the brokers allow the price to rise then they will create liquidity for the 30% or so shares that are held by anybody other than the major investors as everybody has a sell price which would then create shares to be bought instead of stagnation where nothing happens and more time just gets wasted.

Does anybody have any info on Level 2 regarding how many are on the book for todays excitement?

[1399peter] 06/3/2024 09:36

But the majority of shares are held and very little in free float. I'm not sure how well that will go. Unless of course the price allows for a decent exit and profit for ourselves and major holders. Some Liquidity will be needed to create a market. Else we will be in exactly the same situation as here. Potential investors generally do not like major shareholders owning over 20%. Happy to be corrected.


Dr3dd, it's just my opinion that they might need to issue more shares. Not necessarily going to happen.

[tankerton] 06/3/2024 09:25

They don't need to issue more shares, they can just transfer to the new exchange, in the same way as no new shares were issued when they moved from AIM.

[dr3dd] 06/3/2024 08:48

1399Peter, why do they have to issue EVEN more shares?

[1399peter] 06/3/2024 08:14

Tankerton,

As long as they are well prepared for it. Which you would like to think they will be.
The only problem for us, will be how many new shares get issued.

[tankerton] 06/3/2024 07:58

Peter, the price movement over the last couple of days underlines the need to get off the TSXV. Luckily the company are considering a move to the NYSE.