Exciting times indeed. The final paragraph says it all:
'The firm believes investors’ strategies should remain overweight in low-beta and long-duration assets. However, within high-beta and cyclical assets, it is prudent to focus on geopolitically linked opportunities such as defense, cybersecurity, and energy/mining sectors, which are poised to benefit from ongoing global risks.'
To back up the firms advice, released just hours ago, the Australian government has released its National Battery Strategy, aiming to make Australia competitive in producing batteries: $532 million committed to National Battery Strategy
In short: Half a billion dollars has been committed to encouraging battery production, but how that money will be used is still being determined even though the scheme will start 1 July, 2024. The government is consulting with industry.
There is no other graphite-ready Aussie player with a large Aussie asset but RNU.
First-mover or the only-mover advantage (take your pick) means that this is a great place to be parked!
AIMO, DYOR, GLTA(patient)H
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Last
8.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $205.8M |
Open | High | Low | Value | Volume |
8.2¢ | 8.8¢ | 8.0¢ | $1.340M | 16.20M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 110320 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 110320 | 0.081 |
6 | 255455 | 0.080 |
9 | 642194 | 0.079 |
17 | 909434 | 0.078 |
4 | 124000 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 100000 | 1 |
0.084 | 124000 | 1 |
0.085 | 250000 | 1 |
0.086 | 20000 | 1 |
0.088 | 200000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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