Volvo Cars have just announced their IPO on the Swedish Stockholm Stock Exchange. They're seeking to raise $2.9 billion with a valuation of $23 billion and will begin trading on October 28.
https://www.reuters.com/business/autos-transportation/geelys-volvo-cars-sets-price-range-53-68-crownsshare-ipo-2021-10-18/
In June, Volvo Cars entereted into a join venture with Northvolt for battery development, with plans to establish a new gigafactory in Europe with a potential capacity of up to 50 gigawatt hours (GWh) per year. Production is scheduled to start in 2026.
Would be a nice big swedish happy family with Talga in the mix supplying the green anodes. I wonder if the Volvo IPO on October 28 would also be a good time for Talga to enter centre stage? Maybe some of the $2.9 billion in funds has already been earmarked to secure anode supply from a local supply chain?
All just speculation but it's funny how the shareprice is up today just as this was announced.
TLG - Media, page-6807
-
- There are more pages in this discussion • 9,612 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $173.6M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.3¢ | 40.0¢ | $113.4K | 274.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26469 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |