The problem is that this process is like the last few months, some days it goes up 1-2%, then comes the day when we see a slump of 7-8% and everything is back to normal, between A$3.70 and A$4.00.
And quite honestly, where is the rise supposed to come from here? Prices have only risen moderately, P1000 is still tinkering, and the shorters are all still there. So why should we go to A$ 4.50 or A$ 5 in the near future? I see no reason for this at the moment..., unfortunately.
On the other hand, the BEV momentum has unfortunately also come to a standstill. The hype is over, reality has gripped us. Here and there you can hear voices asking whether this is really the future. In Europe, although they have spoken out in favor of 2035, they want to "review" 2026 again. I can already tell you that this 2035 will NOT come. Insufficient infrastructure, cars too expensive and the early adopters are through with their purchases...
We'll see, but as long as there is no news, I'm assuming that it will swing back and forth.
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