So much delusion in this thread. Lithium commentators are starting to border on cultic. They cannot expect that demand destruction is real and occurring right now. Every still fixated on the cost curve and supply. It really doesn't matter in the short to medium term.
Inflation is stickier then everyone expected, we have the potential start of cracks forming in the banking and financial sector in the states. Lithium prices are still falling.
Lithium stocks are going to continue to get pounded. Why?
Well the price of lithium is still too high. The rate of demand is and will continue to drop for EV's as macroeconomic conditions worsen. The consumer is still too strong and they will be killed.
EV's are not immune from this.
Good News & Bad News, page-25160
-
- There are more pages in this discussion • 19,273 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
-0.020(0.66%) |
Mkt cap ! $9.030B | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.04 | $2.98 | $40.14M | 13.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 110363 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 14732 | 4 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |