He added: "Alongside the OTCQB trading, Apollon is also exploring an up-listing to another larger more liquid exchange. Whilst we cannot provide any further detail at this stage, we will continue to explore these opportunities to drive shareholder value."
Apollon said it believes a move to a more well-established exchange will provide easier trading access for institutional investors and improve liquidity for all shareholders.
He added: "Alongside the OTCQB trading, Apollon is also exploring an up-listing to another larger more liquid exchange. Whilst we cannot provide any further detail at this stage, we will continue to explore these opportunities to drive shareholder value."
Apollon said it believes a move to a more well-established exchange will provide easier trading access for institutional investors and improve liquidity for all shareholders.
Ganfeng Lithium Profit Soars On Skyrocketing Prices, as Company Moves Into Batteries..................
The Chinese State Council published a document on Monday outlining plans for energy conservation and emissions reduction during the 14th five-year plan period (2021-2025). It has set the goal of having EVs account for 20% of total vehicle sales by 2025. Analysts estimate China’s yearly EV sales will reach 6 million by that point, given last year’s sales of 3.55 million, translating to an annual compound growth rate of more than 14% over the next four years. That bodes quite well for demand for lithium compounds and batteries, which could in turn serve Ganfeng very well.