Ann: Becoming a substantial holder, page-16

hi

i would prefer if you can justify why you think it will hit 10c

I can think of a few:

jhina economy turns really bad - property price have collapsed to half
i just cannot find the total number of people /household affected who have mortgage debts that are larger than the value of their property
Example
population jhina1,500,000,000
ie. 600,000,000 - affected by mortgage debts - then the Oz is in trouble
however, if ie. 100,000,000 - affected by mortgage debts - Oz may see a slight recession

the number of foreign companies leaving jhina and going overseas - plus the number of unemployment in jhina
Lets say there are 800,000,000 middle class people in jhina
if 100,000,000 loss their job
if 400,000,000 had the take 50% pay cut
If the 300,000,000 reduce business spending
you have a big population with little confidence in the economy - therefore will not spend less on holidays, international schooling and EVs.

i think it all hangs on the mortgage debts, confidence and how the govt kick start the economy again. the govt needs to stimulate the demand for goods n services again to jump start the economy if jhina demand for EVs fall drastically the lithium price will collapse - due to the above factors