They are hoping that the recent production tests will renew some interest from US and EU with regard to establishing BAM facilities in those jurisdictions. We were mentioned twice at the Whitehouse if you remember in statements about the IRA however nothing came of it. Now we have the prospect of a Trump Administration withdrawing the IRA and also a reluctance by legacy automakers to push forward with full EV. They can’t compete with the Chinese and are slowing the transition down as much as possible.
We need to get some deals done very soon and avoid a CR at all costs as it would kill the stock and jeopardise the future of the company.
jmho
They are hoping that the recent production tests will renew some...
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.75M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $5.302K | 42.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 130562 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 58067 | 1 |
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| Last trade - 12.02pm 19/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |