INR 3.57% 14.5¢ ioneer ltd

Good post AYS, agree with you. My only concern is the market...

  1. 2,531 Posts.
    lightbulb Created with Sketch. 137
    Good post AYS, agree with you. My only concern is the market cap. There's many justifications I know, but I can't help shake that it feels a bit bloated for where INR are at. Current Mcap is huge for an unpermitted developer. Just leaves me feeling a little shakey. Below could play out and still be within upward channel. Could take us to 70-75 depending on when it plays out. RSI suggesting a move up first, but if that doesn't happen could see 67.5 on the cards. Anything outside this channel and all bets are off. Watching lower bound (1 std deviation) for buy opportunity.

    https://hotcopper.com.au/data/attachments/3968/3968751-a932cf1c801b2074da6eb18f6c9e79d7.jpg


    Last edited by squeef: 11/01/22
 
watchlist Created with Sketch. Add INR (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.005(3.57%)
Mkt cap ! $338.9M
Open High Low Value Volume
14.5¢ 14.5¢ 14.0¢ $93.52K 659.0K

Buyers (Bids)

No. Vol. Price($)
21 1330376 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 457582 6
View Market Depth
Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
INR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.