Ouch!
3million+ shares on the sell depth
down 3% today on 600k shares traded on its highest volume day which indicates a sell off
Euroz sold off NET 5million from October to February according to the broker data
Regarding recent battery testing announcement:
-No information of purification methods in announcement to achieve 99.95% battery grade
-No ICL data on published after more than 1 cycle of testing ie no ICL results for 50 cycles or 100 cycles etc of testing which is a worry when determining the life cycle and performance of the battery for more than 1 cycle.
-BET and Tap Density when compared to a typical Chinese graphite anode were actually lower in performance and capacity.
Other critical issues:
-RAP
-Offtakes with third party traders who do not have any significant sales in the lithium battery industry...at all!
-Over supply of low-purity refractory graphite from China is weakening graphite prices
-No information on purification methods nor costs to purify to 99.95% battery-grade
-Spherical plant required to increase margins as it is not viable to rely on refractory graphite nor is it feasible to sell graphite-concentrate without any significant margins.
-Finance delay
-Lack of investor confidence hence weak share price and market cap of 40*million
time to sell the dog. You're just delaying the inevitable.
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.40M |
Open | High | Low | Value | Volume |
9.9¢ | 10.0¢ | 9.7¢ | $1.042K | 10.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 78000 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 19094 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 78000 | 0.096 |
2 | 29026 | 0.095 |
1 | 470 | 0.094 |
3 | 98065 | 0.090 |
1 | 120000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 19094 | 2 |
0.105 | 8000 | 1 |
0.110 | 68412 | 3 |
0.115 | 27500 | 3 |
0.120 | 102079 | 2 |
Last trade - 15.34pm 15/08/2024 (20 minute delay) ? |
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