I think the answer to the SP lies in the fact the prices are low, most of the supply is taken by China which is still in the midst of COVID lockdowns, and the demand is not there at the moment.
VRFB have not yet materialized worldwide as a game changer so is not a driver of demand yet. For example, here in Vic, the govt is favoring going for Li-Iron batteries
The demand may change in the future; I didn't buy in the hope of VRFB taking off, they could sell to the Chinese steel industry and make money in due course, the DFS is good enough for me to hold and wait until demand picks up.
Ann: DFS delivers A$1.9BN NPV confirming World Class Project, page-328
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Last
4.8¢ |
Change
-0.007(12.7%) |
Mkt cap ! $27.00M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.1¢ | 4.8¢ | $3.782K | 75.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 212513 | 4 |
View Market Depth
| Last trade - 14.20pm 19/07/2024 (20 minute delay) ? |
| VR8 (ASX) Chart |