2Lun·

IperionX sale

$IPX (-1,95 %) Does anyone happen to know why IperionX (Titanrecycling) is currently being sold off so heavily? Several double-digit losses in a short time @Multibagger

9 Comentarios

Jürgen S.@Snoopyjs

2Lun

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...

•

Chris@Multibagger

2Lun

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%.

•

Sebbster@Sebbster

2Lun

@Multibagger will you stay invested?

•

Chris@Multibagger

2Lun

@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.

••

BockaufDividenden@BockaufDividenden

2Lun

It's really bad how hard the paper has crashed... Annoying

•

Chris@Multibagger

2Lun

@BockaufDividenden Unfortunately, yes, but they are not threatened with delisting. It has also eaten away all my nice profits since Thursday

•

toscho@toscho

1Lun

@Multibagger Hi my best, I've had them on my WL since your first introduction. Very exciting company. I would also like to add that the president, directors and CEO bought a massive amount of shares on March 30...

•

Chris@Multibagger

1Lun

@toscho Yesterday and in the last few days they have also bought massively again. Sydney is up almost 10% again today. It will get better. But you need patience.

•

BockaufDividenden@BockaufDividenden

1Lun

@Multibagger I just leave the share lying around with me, as it is already increasingly in the focus of the US government due to the securing of raw materials

•