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BockaufDividenden
@BockaufDividenden
2Wk·

IperionX sale

$IPX (-4.05%) Does anyone happen to know why IperionX (Titanrecycling) is currently being sold off so heavily? Several double-digit losses in a short time @Multibagger

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6 Comments
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Jürgen S.@Snoopyjs
2Wk
The earnings of March 12 were not so sparkling...net loss of around 34.8 million US dollars was even higher than in the previous period, due to the start-up costs of the operation...
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Chris@Multibagger
2Wk
The main reason is a massive balance sheet correction in assets. These are said to have been far too high due to a typing error. In addition, a further capital requirement is suspected, which would dilute the existing shareholders by 20%.
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Sebbster@Sebbster
2Wk
@Multibagger will you stay invested?
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Chris@Multibagger
2Wk
@Sebbster I'll definitely wait a little longer. I think the dilution is to be expected. I think the balance sheet correction is worse. However, I have stopped the savings plan for the time being.
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BockaufDividenden@BockaufDividenden
2Wk
It's really bad how hard the paper has crashed... Annoying
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Chris@Multibagger
2Wk
@BockaufDividenden Unfortunately, yes, but they are not threatened with delisting. It has also eaten away all my nice profits since Thursday
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