TLG 3.77% 76.5¢ talga group ltd

"Personally I think the real issue is just sector headwinds,...

  1. 1,615 Posts.
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    "Personally I think the real issue is just sector headwinds, ev's aren't selling as well as expected"

    We've had high interest rates, yet we still saw close to 40% growth. What happens when these rates start getting cut this year? Logically, sales should increase.

    From a couple of days ago:

    "Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc."

    A high interest rate environment and Chinese manipulation has seen the wheat separated from the chaff during this bearish period. Very few projects have managed to receive finance, especially in the graphite space and are now years behind a select few. These few ex-China producers are in the box seat with Europe now on the cusp of unprecedented mining, going from under 1% to 10% global extraction within the next 6 years as they build out their supply chains. This reportedly becomes law in early May.

    How could this new legislation not be viewed as extremely bullish?
 
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76.5¢
Change
-0.030(3.77%)
Mkt cap ! $290.5M
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81.5¢ 83.5¢ 76.3¢ $722.0K 907.2K

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Price($) Vol. No.
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Last trade - 16.10pm 22/05/2024 (20 minute delay) ?
Last
77.0¢
  Change
-0.030 ( 3.00 %)
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81.5¢ 83.0¢ 76.5¢ 170659
Last updated 15.58pm 22/05/2024 ?
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