When the price touched $11.24 yesterday themarket cap topped the $1 billion mark (based on shares issued of 89.1m). A strongclose to the day on solid volumes so there is more to come today.
The recent production milestone equivalent to50kg per annum of >95% purity BNNT is a pivotal achievement and supports therecent price rally. A critical aspect of this milestone is the associated lowerproduction cost that will place it within reach of more researchers and openingup more potential opportunities. It is likely that a growing range of applicationswill arise that are still undreamt of, but that can only occur if researchoccurs.
The imminent update(s) on the progress of Li-Energyis also driving this rally. Let’s see what today brings, launch to US$1B?
There is also lots of other activity with PPKincluding working towards a demerger of the mining business. Then there is theother JVs. Lots to look forward to, one step at a time.
Today could be exciting but let’s stayrational.
A$1B Market Cap
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Last
53.0¢ |
Change
0.100(23.3%) |
Mkt cap ! $47.32M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 76.0¢ | 52.5¢ | $1.137M | 1.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42278 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 1705 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
53.5¢ |
Change
0.100 ( 25.9 %) |
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| Open | High | Low | Volume | ||
| 75.0¢ | 75.0¢ | 53.5¢ | 188072 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PPK (ASX) Chart |