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11.0¢ international graphite limited

I am positive about IG6, but have you looked at the total $'s...

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12/01/24

21:53

Post #: 71858428
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Originally posted by daando37 ↑

with comments like these, i get the feeling that investors hardly pay attention to the macroeconomic environment. their decision to take a position is probably limited exclusively to hotcopper. since you obviously don't held, this post is general.

let's take rnu as the starting point for our current market research. even if spherical prices increased ~20% from here, they would not make any profits. if you look at the sp development of rnu, which has an estimated ev of ~150m and ~120m cash, you will see that we are currently at the lower end (if not lower) of the graphite market. look at producers like syr or the canadian ngc. syr in particular is one of the asx companies that are most frequently shorted.

do you think this is happening for no reason?

management constantly buys this company on the open market. you will not receive any more “security” of a possible price reversal in this environment / long term.

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I am positive about IG6, but have you looked at the total $'s over the last 3 months say that management have been buying on market? I wouldn't say this is "security"

IG6 Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.0¢		Change 0.000(0.00%)		Mkt cap ! $20.72M

Open	High	Low	Value	Volume
12.0¢	12.0¢	11.0¢	$10.14K	90.21K

Buyers (Bids)

No.	Vol.	Price($)
20	550821	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	25000	1

View Market Depth

No.	Vol.	Price($)
20	550821	0.110
6	95245	0.105
11	334232	0.100
1	52600	0.095
3	154444	0.090

Price($)	Vol.	No.
0.115	25000	1
0.120	18386	2
0.125	137595	2
0.130	242409	6
0.135	50096	3

Last trade - 15.39pm 14/05/2024 (20 minute delay)


Last 11.5¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
11.5¢	11.5¢		11.5¢	100276
Last updated 14.45pm 14/05/2024 ?

IG6 (ASX) Chart