Business
Here’s why the First Graphene (ASX:FGR) share price is rebounding today
The First Graphene Ltd (ASX: FGR) share price has made a strong comeback today. This comes after the company announced that it has entered a non-binding memorandum of understanding (MoU) with Gerdau S.A.
During most of the day, the graphene producer’s shares were trading in the red, as low as 23.5 cents. However, the company’s latest news has given investors an upbeat perspective with its shares bouncing to 25.5 cents, up 6.2%.
What’s moving the First Graphene share price higher?
The First Graphene share price is rocking higher today after releasing details of its MoU to penetrate the Americas.
According to its release, the MoU…
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