Forgive my simplistic application of this logic - If I'm wrong and stand to be corrected please do so - however a reduction in value of Li mineral prices should result over time in a drop in cost of production of EV cars, which should then translate to the cost of EV vehicles coming down? Is that too simple a take?
Would that in turn generate a governmental push to promote EV uptake through parallel supports/tax incentives etc? I certainly don't disagree that based on a current combination of niche pricing and Australia's appetite for large ute vehicles, its no doubt resulting in slower than projected uptake.
It appears to be a litany of competing beliefs, governments, and the free market 101.
Do we not simply apply the 'putting it in the bottom draw' until circumstances change? Changes what would have been a quick win, into what the norm is typically with minerals and resources, which is a long term play when ALL conditions benefit that material and use.
Cheers
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16.5¢ |
Change
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Mkt cap ! $220.5M |
Open | High | Low | Value | Volume |
16.0¢ | 17.0¢ | 16.0¢ | $423.2K | 2.586M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 1823420 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 338967 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1823420 | 0.160 |
9 | 604396 | 0.155 |
19 | 524531 | 0.150 |
7 | 723778 | 0.145 |
8 | 260380 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 338967 | 5 |
0.170 | 402697 | 7 |
0.175 | 185705 | 2 |
0.180 | 606000 | 3 |
0.185 | 469992 | 6 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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