When it hits a MC that will put it in the ASX 300 S&P?
Look what juat happend with Novonix, volume has been crazy. The company also hit a milestone to de-risk its operations with Phillips 66 becoming a strategic investor in the company with approx AUD $206 million to expand production to 40kTPA of synthetic graphite.
We need full mining approvals, MOUs converted to large supply agreements and funds in the bank to make it all happen. Until then, all this company is just a risky patch of dirt worth about $280m.
This is still a penny stock. No large instos or large superfunds are going to be pouring in any time soon.
When it hits a MC that will put it in the ASX 300 S&P? Look what...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $2.959K | 29.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 623127 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1679478 | 34 |
View Market Depth
| Last trade - 10.09am 02/05/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
0.005 ( 2.44 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.0¢ | 10.0¢ | 5000 | ||
| Last updated 10.12am 02/05/2024 ? | |||||
| RNU (ASX) Chart |