Now, when we read about US "domestic" spending on the battery materials supply chain, we can infer that this includes possible spending in Australia.
Now we have a possible explanation for the surge in buying of SRL shares from US funds last month. Someone knew that the goalposts were moving to allow US govt spending on Australian critical minerals projects and Sunrise is the pick of the litter.
https://www.mining.com/web/bidens-team-puts-up-over-3-billion-to-boost-us-battery-output%ef%bf%bc/?_thumbnail_id=1010294
https://www.bloomberg.com/news/articles/2022-03-30/biden-poised-to-invoke-cold-war-powers-to-boost-battery-metals
Sunrise 2022, page-370
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $32.48M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 35.5¢ | $7.464K | 20.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17137 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 15024 | 2 |
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| Last trade - 10.56am 17/10/2024 (20 minute delay) ? |
| SRL (ASX) Chart |