As EGR shareholders we derive any potential asset value accretion without the cost of developing the nickel project because EGR will be retaining some ownership in Innogy. You don't have to buy shares in Innogy but will indirectly be a shareholder anyway via EGR's shareholding in the new company. Simples.
I'm glad that management have taken this path because we have enough on our plate with getting TanzGraphite into production. Innogy is a very longterm proposition and there is a possibility that LFP will become the dominant EV battery choice anyway.
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Last
32.0¢ |
Change
-0.015(4.48%) |
Mkt cap ! $145.3M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 31.5¢ | $70.51K | 215.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103225 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| EGR (ASX) Chart |