I hold CVN and hope for a good return but i think to say EVs are a long way from current reality borders on denial. Australians have a poor attitude to EVs but we, as a tiny market, will not dictate what happens in the automotive world.
A recent spate of announcements from the biggest names in the auto industry has put electric vehicle development front and center. Some carmakers have even pledged to release only all-electric or electrified vehicles — which include hybrid engines that run on electric power at least some of the time — by certain target dates.
http://mashable.com/2017/10/03/electric-car-development-plans-ford-gm/#D5e437lIPiqM
Suggest you have a look at this thread over at GXY
https://hotcopper.com.au/threads/latest-lithium-related-articles.3220922/#.WeLr9miCyHs
Why Buffet bets on fossil fuel highway, page-29
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 15.5¢ | $627.4K | 3.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 306000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 374569 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |