SMH 4 hours ago.......market watchers slowly catching on
Lithium play attracts on shift in industry thematics
Lithium play Orocobre, Texas shale junior Sundance Energy and nickel producer Western Areas are among the few resources stocks that feature in UBS's small and micro-cap funds, which are otherwise dominated by digital and healthcare plays.
Portfolio manager David Haddad said the emergence of cheaper battery storage and the potential for grid power to be at least partly substituted through solar and batteries felt like "a multi-year theme" that could provide sustained support for lithium, which is used in rechargeable and efficient lithium-ion batteries.
Orocobre, with its new long-life low-cost Olaroz mine in Argentina and large resource, is the standout in the sector, with other hopefuls still at the exploration stage or much earlier in development.
http://www.smh.com.au/business/lith...ft-in-industry-thematics-20150510-ggy8o7.html
Lithium play attracts on shift in industry thematics
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Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |