Yeah I agree!
Thats why I did take into account the total amount of shares on issue doubling to allow for working capital and then other investments. Still seems like a lot of upside and value to be had here with short term pain as you always get before starting up.
I personally have a price target of 2c per share since my charts for the weekly just crossed into a downward sell pressure again.
If we hit 2c I hope to then get a reversal with news flow. But then this is all speculation and trying to time as best as possible compared to the charts.
I think that this massive drop in graphite and lithium pricing is allowing a lot of funds and institutional investing to happen before a new bull market for EV space. (Speculation)
Lets hope that everything goes to plan and the team can get everything happening.
Yeah I agree!Thats why I did take into account the total amount...
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Mkt cap ! $9.341M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.7¢ | $2.364K | 87.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 350000 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 2.7¢ | 200000 | 1 |
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| Last trade - 13.34pm 06/05/2024 (20 minute delay) ? |
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2.7¢ |
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| Open | High | Low | Volume | ||
| 2.7¢ | 2.7¢ | 2.7¢ | 24661 | ||
| Last updated 13.34pm 06/05/2024 ? | |||||
| EVG (ASX) Chart |