Hi Alanpro. I am long CLQ and went to great trouble to invest in Ionic Industries.
But I do not think the Ionic JV, if it happens, will be especially catalytic for CLQ's stock price.
I would love to be wrong about this.
But the market is giving lttle cap credit for Clean Teq Water as it is.
Heck the market is not even giving a lot of credit for cobalt and scandium. Some, but not a lot.
The Ionic JV, if it happen, will add a lot of long-term value to Clean Teq. But right now the market doesn't seem to care too much about the long term.
Where is the bottom ???, page-19
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $25.26M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.5¢ | 27.0¢ | $29.90K | 106.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5609 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 100000 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| SRL (ASX) Chart |