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TPC Consolidated Limited

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TPC Consolidated Limited

Can you provide any commentary on this micro-cap. Very little coverage available. Fundamentals are an impressive read and management are significant shareholders. Can't find any reason for recent dramatic share price drop.

Answer

H Neil,

TPC is  micro-cap energy retailer with a market capitalization of $60m. Technical trends are difficult with low volume traded. In saying that, much of the recent rally was supported by a share buyback and the share price may be supported when that resumes. Further to that, it’s not actually one we have looked at before unfortunately.

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TPC Consolidated Ltd (TPC)
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