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Chinese graphene maker Graphex seeks to uplist shares to NYSE, raise at least $21M

Mar. 07, 2022 12:19 PM ETGRFXBy: Val Brickates Kennedy, SA News Editor8 Comments

Initial Public Offering. IPO. Financial trade. Investment

Andranik Hakobyan/iStock via Getty Images

China’s Graphex Group (GRFX), a maker of graphene products for EVs and clean energy storage, is planning to uplist its American Depositary Shares and hold a public offering on the NYSE.

Graphex said in

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Comments (8)

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anomaly1 profile picture
Detroit production 10,000 TPA at current prices translates to $8M/yr with max output 20,000 TPA which at current prices translates to $16M/ yr.

Fundamentals tell me its fully valued if not overvalued. But, who knows if momo traders will pump it.
aeeueue eae profile picture
Capital Gains profile picture
This company also in the process of locating a factoy in Detroit, Michigan in the coming year
Capital Gains profile picture
@Tradex22 Yes Sir, I think this is big and $GRFXY is flying under the radar, hopefully for a few more months to give me more time to allocate, How do you feel about the attempt to uplist on the NYSE? Probably reverse split?
@Capital Gains It’s seems like they meet the listing criteria price to avoid any reverse split.
Chain is supporting the invasion of Ukraine and E F Hutton is helping them by financing a Chinese ADR? E F Hutton is not supported of freedom in the US or Ukraine and is selling the rope that will swing the US. Short E F Hutton now and help accelerate the China crash that is coming.
@lgilham it’s not Chinese company. This is to bring supply chain to usa. No ev otherwise.
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