Also, this whole concern over Tesla dropping prices is just silly, the market is maturing and more competition is coming in, which means more EV sales, which means more lithium sales.
I'd get concerned if the lithium battery cell manufacturers cut their forecasts, but I don't see that. More demand competition for a component always means the price of that component goes up if supply remains the same.
People really need to think deeper.
As always DYOR.
Banter and general comments, page-21095
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $942.0K | 8.871M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 3628793 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 2326506 | 24 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |