Australia's largest stock trading and investment forum Australia's #1 stock forum

IG6

Click for more information

1.12%

9.0¢ international graphite limited

so are you writing (in January ) that low graphite prices are...

First 59 Last

Share
Profile

Follow
Empty Nose

3,774 Posts.

472

22/05/24

18:26

Post #: 73960956
Share

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.

Expand

so are you writing (in January ) that low graphite prices are the main problem here ?

and currently?

Last edited by Empty Nose: 22/05/24

IG6 Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

NWH

NRW Holdings voted Wealth Within's hot stock tip

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

There are more pages in this discussion • 4 more messages in this thread...

First 59 Last

Add IG6 (ASX) to my watchlist

(20min delay)
Last 9.0¢		Change 0.001(1.12%)		Mkt cap ! $17.42M

Open	High	Low	Value	Volume
9.0¢	9.0¢	9.0¢	$4.5K	50K

Buyers (Bids)

No.	Vol.	Price($)
1	199050	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	525	1

View Market Depth

No.	Vol.	Price($)
1	199050	0.090
1	18987	0.089
1	29858	0.088
1	50000	0.086
1	32000	0.085

Price($)	Vol.	No.
0.095	525	1
0.096	48955	1
0.097	100000	1
0.099	95976	2
0.100	100000	2

Last trade - 11.20am 30/07/2024 (20 minute delay)

IG6 (ASX) Chart

SPONSORED BY