I remember back in early 2017 there was a bit of investor panic in the lithium sector over the apparant rise of solid state batteries. NCM batteries were all of a sudden becoming obsolete. Lithium miners were all of a sudden apparently going to be mining a product that was useless and that nobody wanted or needed.
PLS at the time was trading at 33 cents
GXY & Orecobre (now AKE) were two of the most shorted stock on the ASX and Lithium spodumene was selling for $600 usd per tonne (now ~ $8-10k per tonne)
The rest is history.....
LYC at anything under $8 is a gift.
Tesla is going (back) to EV motors with no rare earth elements., page-20
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$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| LYC (ASX) Chart |