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IperionX sale

$IPX (-15,28 %) Does anyone happen to know why IperionX (Titanrecycling) is currently being sold off so heavily? Several double-digit losses in a short time @Multibagger

2 Commentaires

Jürgen S.@Snoopyjs

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

20Min

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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