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.
I think you are wrong, the battery supply market is getting hit....
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Last
46.0¢ |
Change
0.030(6.98%) |
Mkt cap ! $186.3M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 46.0¢ | 43.5¢ | $343.7K | 768.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24000 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 67462 | 4 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| TLG (ASX) Chart |