It does. But keep in mind that those other graphite stocks have all had a year worse than TLG, which has held up comparatively well.
In the last year below I've shown (roughly) each company's high within the last year, and the price immediately before the China news broke on Friday. I've added NMG as well because of their similarity to TLG:
SYR 2.50 down to .50
NVX 3.00 down to .60
RNU .35 down to .11
NMG 5.00 down to 2.00
Some of those numbers get much worse if you keep going back further than 1 year..
By comparison, TLG
1.80 down to 1.00ish. Not great, but has held up pretty well.
Perhaps those companies are just making up a bit more lost ground.
GLA.
TLG - Media, page-13770
Add TLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $156.5M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.0¢ | $161.1K | 438.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13040 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 59149 | 7 |
View Market Depth
| Last trade - 15.44pm 17/10/2024 (20 minute delay) ? |
| TLG (ASX) Chart |