One of those good luck stories really! Vanadium was overpriced at $30 USD for the VRFB industry so was holding up further development in this area.
With a price for V back lower it brings in considerable demand from VRFB and creates a stable industry.
Even TB was wanting the V price lower so demand goes up significantly.
Not the theory you normally hear of when price of the commodity is linked to your SP. Just plenty of profit at a lower price but with a higher demand apparently.
Yak52
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Change
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Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $5.9K | 655.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 6120343 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1165163 | 4 |
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| Last trade - 10.04am 02/09/2024 (20 minute delay) ? |
| KRR (ASX) Chart |