RIL has to find a significant feedstock agreement (larger than 10tpd) or the current feedstock agreements must move forward to see any significant rise in the SP. E.g. funding/construction of plants. NMT has to pull their finger out as well & give RIL the information they need as well. I'm fairly certain I've already explained that to you before.
A lot has changed over the last 2 years since the original JV ann with CM. I'm actually very surprised there hasn't been a feedstock ann for the Nordic countries, considering how saturated those markets are with EVs.
Anyway, I don't worry about what the SP is doing, I look at what the company is doing. Are they ticking boxes? Is the company doing what they said they were going to do? That's the important part of the equation. If RIL does what they said they were going to do, the SP should recover in time.
The SP doesn't drive the company, the actions of the company drive the SP.
It's going to take some time.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities & Cash Flow Report
RIL has to find a significant feedstock agreement (larger than...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIL (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.92M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $11.70K | 2.925M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3917 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 9228950 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3917 | 0.004 |
16 | 10301998 | 0.003 |
25 | 31533430 | 0.002 |
18 | 26838625 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 9228950 | 22 |
0.006 | 13840319 | 9 |
0.007 | 483333 | 3 |
0.008 | 291724 | 2 |
0.009 | 639986 | 3 |
Last trade - 15.25pm 05/09/2024 (20 minute delay) ? |
Featured News
RIL (ASX) Chart |