INR 3.57% 13.5¢ ioneer ltd

External News & Commentary, page-776

  1. 3,079 Posts.
    lightbulb Created with Sketch. 1159
    I wouldnt read into today too much.

    Shorting decreased from 3% to 2% at the start of this month. My understanding is that, your average joe doesnt short stocks, so this to me is a bullish signal as shorters get out before an expected increase in the short term. Usually shorters are far more experienced at reading a stocks trajectory.

    As for bots, probably a shake of the tree for weak hands before another push up. After end of March we have 3 months in which offtake and strategic partnering could come at anytime. We also have 80M in the bank.

    Pending on who the partner is and who we sell some product too we could be in for a reasonable price lift.

    All IMO obviously.


 
watchlist Created with Sketch. Add INR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.