"The market doesn't like the news at all."
Not surprising really. Sure, we have a great asset but it is still a 'one trick pony'. We had a really good fund that could have bought a large stake in TVN, but that now looks like it is gone with it teaming up with Sumitomo, the Japanese company. We could have had a very wide ranging set of assets across EV batteries, and storage with Vanadium Redox Flow batteries, not to mention Fluorite (another big component in EV batteries) - we could have been the prime battery raw material company in the whole world.
Anyway, I have sold down my PLS to 100k (still reasonable) and bought a large stake in TVN.
"The market doesn't like the news at all." Not surprising...
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Last
$3.15 |
Change
0.040(1.29%) |
Mkt cap ! $9.480B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.18 | $3.12 | $71.90M | 22.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 112482 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.16 | 320783 | 6 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |