Macquarie's 2016 downramp was full of agenda. If you look at...

Macquarie's 2016 downramp was full of agenda. If you look at Macquarie's revenue, you will see they mainly come from oil and gas trading. They also come 2nd place in largest physical trader behind BP but ahead of Shell and Conoco Phillips.

I have said it beginning of this month it was institutional fund manager trying to buy time to shift their portfolio. I don't see why they (MS or Macquarie) could be so dumb to say lithium has no future. They're smarter than many and surely sees where the future is heading with many government following the ban on ICE vehicles production in next decade (or immediately in certain cases). They're purely using their influence to buy more time for their transition. The bigger the institution, the harder it is to shift the portfolio because it will have a very big impact should they dump shares after accumulating for years since GFC.