Well done Bruce and team! Well done holders!
This news has been long awaited - finally we can relax as we see our investment get derisked! IMO, we’ll see a slow but steady increase in SP for months/years to come. The market has been tough, but it’ll rerate us accordingly from here.
Now that 40% has been spoken for to LG, the next binding offtake will be easier. Imo, another 40% to a major, and keep 20% for spot. The two majors hopefully contribute to funding and we’re all in bed together .
Everyone expects ‘sell on the news’, so inevitably not as many buy on the news…
So don’t sweat the small stuff. Monumental day today!
Congrats to all!
Ann: Binding Offtake Term Sheet with LG Energy Solution, page-100
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $141.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $216.0K | 2.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 300000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 83571 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
11.0¢ |
Change
0.005 ( 4.66 %) |
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| Open | High | Low | Volume | ||
| 10.8¢ | 11.0¢ | 10.5¢ | 819698 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| ASN (ASX) Chart |