I don't think people are fearful yet, when the market is completely flooded, EV sales reduce year on year and Li prices are half what they are now and LRS is at 5-6c then fear is at hand.
And this saying has some merit but is more appliccabl when it is a black swan event like Covid was, not a systemic issue with an industry and concerns over serious long term head winds and supply and demand metrics.
LRS General Discussion, page-18164
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Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $454.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.5¢ | $2.459M | 14.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 3484663 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1123288 | 33 |
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| Last trade - 13.23pm 10/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |