Ouch!
3million+ shares on the sell depth
down 3% today on 600k shares traded on its highest volume day which indicates a sell off
Euroz sold off NET 5million from October to February according to the broker data
Regarding recent battery testing announcement:
-No information of purification methods in announcement to achieve 99.95% battery grade
-No ICL data on published after more than 1 cycle of testing ie no ICL results for 50 cycles or 100 cycles etc of testing which is a worry when determining the life cycle and performance of the battery for more than 1 cycle.
-BET and Tap Density when compared to a typical Chinese graphite anode were actually lower in performance and capacity.
Other critical issues:
-RAP
-Offtakes with third party traders who do not have any significant sales in the lithium battery industry...at all!
-Over supply of low-purity refractory graphite from China is weakening graphite prices
-No information on purification methods nor costs to purify to 99.95% battery-grade
-Spherical plant required to increase margins as it is not viable to rely on refractory graphite nor is it feasible to sell graphite-concentrate without any significant margins.
-Finance delay
-Lack of investor confidence hence weak share price and market cap of 40*million
time to sell the dog. You're just delaying the inevitable.
- Forums
- ASX - By Stock
- Time to sell ?
Ouch! 3million+ shares on the sell depth down 3% today on 600k...
- There are more pages in this discussion • 128 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.83M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 25950 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 1405 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 25950 | 0.145 |
3 | 145000 | 0.140 |
5 | 173000 | 0.135 |
5 | 138350 | 0.130 |
1 | 200000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 1405 | 1 |
0.150 | 50000 | 1 |
0.155 | 13250 | 3 |
0.160 | 48000 | 2 |
0.165 | 67615 | 3 |
Last trade - 07.00am 09/05/2024 (20 minute delay) ? |
Featured News
EGR (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online