I'm being realistic. I've been a holder since 2016. With all the expected additional dilution to come market cap will most likely be over $500m at 30c.And thats just for module 1. Sure if graphite prices blow up that can justify valuation, but they can also go down. It's not a very transparent market and priced off China.
Ann: Black Rock Raises $10M in Placement, page-12
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Last
5.8¢ |
Change
-0.002(3.33%) |
Mkt cap ! $72.57M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.3¢ | 5.8¢ | $79.60K | 1.329M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 800701 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 151844 | 3 |
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| BKT (ASX) Chart |