IXR 0.00% 0.9¢ ionic rare earths limited

General Chat / Discussion, page-2147

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    I should add(correct me if I'm wrong) but the EV has dropped from a high of about $330m @ $0.098 to now about $240m.

    So a 30% reduction in EV and the fundamentals have not changed, which is another reason I see the sell-off as being a bit overdone now and a reversal incoming any day, or at minimum a new base being formed around here before take off. As to the exact time frame for next move up is anyone's guess, I'll stick with my two weeks absolute max though and more likely sometime before end of week, and mid 6's as an absolute bottom from here, but I'll let the chart and price action do the talking.
    Last edited by ohreally: 26/04/22
 
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