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.
When the price touched $11.24 yesterday themarket cap topped the...
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Last
46.5¢ |
Change
-0.015(3.13%) |
Mkt cap ! $42.28M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 45.5¢ | $3.347K | 7.217K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 839 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 711 | 1 |
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| Last trade - 15.03pm 24/07/2024 (20 minute delay) ? |
| PPK (ASX) Chart |