When will instos whom have been accumulating and keeping the wall in place to prevent sp running on all the significant announcements and progress release the brakes?
I would suggest as soon as they have their allocations in place - very soon - prior and post the key equity offtake announcements? They have been the drivers of sustained low sp - accumulated so many shares at very low premiums over past - soon their final big equity participation then they will reverse strategy and reduce their short position and drive sp north.
That is my take short to medium term however long term - commissioning - production scaling at a time supply ex China is far short of demand and stage 2 - well 5 years is not a long time for those whom can envisage sp at multiples to that of today. It's what the Instos are in for - those already loaded and more to arrive.
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15.5¢ |
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Mkt cap ! $371.8M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 2695095 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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16.0¢ | 2036367 | 21 |
View Market Depth
No. | Vol. | Price($) |
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56 | 2528739 | 0.155 |
59 | 2030693 | 0.150 |
20 | 754557 | 0.145 |
22 | 2137917 | 0.140 |
7 | 798050 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 1493089 | 18 |
0.165 | 1371896 | 37 |
0.170 | 892306 | 20 |
0.175 | 840897 | 13 |
0.180 | 979945 | 23 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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