Revisiting Halocell and Perovskites Solar Cell Technology

The correction we were looking forward to at the end of January was based on analysis of stocks on the ASX. When it commenced there were many share prices that were surprisingly resilient within longer terms uptrends, but that changed rapidly when the implications of the Iranian War became apparent. It required analysis of a real world disruption as opposed to a market analysis. The immediate direction of markets became dependent upon geopolitical pragmatism. All previous expectations were put on hold as investors were trying to make sense of where we might end up.

On Monday morning the experts' commentary was mostly saying the heavy correction in the gold price was not all bad. It was seen as a consolidation move. Chinese were reported to still be buying gold aggressively such that there was a shortage of the physical commodity. So, it was being rationed. There seemed to be a consensus that the professionals were still in control of the gold market.

The gold price was pushed down lower in the first couple of days of the week and then it started to to recover somewhat once the panic selling abated. However, there is still no end to the Iranian conflict in sight and the markets will continue to be soft until we get some good news on the ending of hostilities. Maybe then we can get back to resuming positive thoughts about the future direction of mining stocks.

We have previously covered the unlisted company, Halocell (previously called Greatcell), showing it as a leading but early stage perovskite solar cell photo-voltaic (PV) company. Back then it was advancing its low-light modules for use indoors in products like remote control units for TVs and labels on supermarket shelf labels. However, more recently it has been looking at more exciting defence and aerospace initiatives. 

 WeeklyComm29March20263.pdf