Just a quick one. As investors you need to know what's happening in the industry.
GS acted on behalf of CATL to sell out 7% of pls on Tuesday and today. They bought pls at 30c and have sold out around $4.14 with div. GS have been acting on behave of the Chinese to drive down prices as expected. They have also shut down their lithium production mining region representing 8-10% of world output due to environmental concerns. They are painting all this as oversupply. All manipulation at the moment, by the end of the year the shortage will be obvious again as explained by ALB. Demand has raisin and 2023 is another year of deficit.
Banter and general comments, page-23429
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8.3¢ |
Change
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Mkt cap ! $177.3M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1606055 | 8.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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