I think you are wrong, the battery supply market is getting hit. Anyone who would want a gamble would bet agaisnt these companies at the moment. TTalga does not have a permit and cant make money. The way it is progessing no revenue until end of 2025. A CR will be needed this no matter what happens. Could be instituational. But they are going to need 20 or so million, so at these prices its about another 10% dilution. This could already be priced into the SP.
We sit and wait.
What are the next Steps - Court decision, page-103
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $165.3M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 42.3¢ | $430.4K | 984.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30695 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 2272 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |