Ann: Bass joins European Battery Alliance, page-17

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MrGraphite2

6,296 Posts.

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23/03/21

14:28

Post #: 51975997
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Originally posted by bripoz: ↑

Hard to see why this type of announcement continues to excite the market.
A little bit of perspective would be handy here.
I am not only referring to BASS, but other/s who have joined this Alliance, whose SP spiked on the news, only to give up the temporary gains in ensuing days.
A trader's bonanza.
It means little more than ..." we are part of a group who hope to benefit each other WHEN we are able to produce our product AT A PROFIT. Therein lies the challenge.
So Bass, and others, have a market and a "cooperative" of sorts.
Big deal!
Now establish a continuous high production process of high grade and size.
Also do that at a significant profit.
And in BASS' case sufficient profit to assign a meaningful value to the 4Billion shares on issue ( plus the Con Note overhang and future Cap raise dilution).
Check the SP in a few days time when the traders have gone... leaving behind a wake of bewildered hopefuls who bought in at a far higher price than they will then be witnessing.
Perspective, good people, perspective.
In a perfect world we would all make money, but, alas, we live in an imperfect world populated by greedy little pigs... me being one of them.
Anyway, good luck to readers... I hope you don't get caught.

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Hi bripoz,

Interesting read on the sum of money from sales from Europe. An increase of let say double.. would that be enough?? Looking forward to your insight and opinion.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02353625-6A1024635?access_token=83ff96335c2d45a094df02a206a39ff4

BSM Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 4.0¢		Change -0.005(11.1%)		Mkt cap ! $7.250M

Open	High	Low	Value	Volume
4.1¢	4.1¢	4.0¢	$3.79K	92.60K

Buyers (Bids)

No.	Vol.	Price($)
3	364303	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.1¢	58838	1

View Market Depth

No.	Vol.	Price($)
3	364303	0.040
1	38499	0.026
1	100000	0.025
1	39888	0.020
1	250000	0.015

Price($)	Vol.	No.
0.051	58838	1
0.054	130000	1
0.062	100000	1
0.070	5000	1
0.074	17071	1

Last trade - 13.25pm 29/07/2024 (20 minute delay)

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