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TLA is interesting. I have loosely followed it for a few years. I think the set-up here. If they manage to meaningfully break into the refined fuels market, the shares are quite undervalued. Of course, there is some hair on it namely on the large shareholder and their sense of urgency around the large cash pile.
I think TLA is one that the valuation today isn’t nearly as meaningful as what it could be in a few years with the right catalyst.
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