Some important context...
Automotive News reports the strength of Ford’s traditional internal combustion engine (ICE) business is one of the reasons why it can delay its EV plans, with the financial security providing a safety net for the new technology side of the company.
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My opinion only, but prudent management on supply and demand sides at this point is mutually beneficial and strategically sound.
The number of near death experiences Ford has had over its history I reckon makes survival ingrained in its DNA. I think ltr's management has been awesome to get to this point considering all macro hurdles thrown at it.
I am staying in, just reckon its turbulent now but it's going to pass. Appreciate a good update too, it's good looking money making pit in my book.
Some important context...Automotive News reports the strength of...
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Last
$1.23 |
Change
0.000(0.00%) |
Mkt cap ! $2.970B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.22 | $7.836M | 6.333M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39539 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 12600 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.23 |
Change
0.000 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.26 | $1.22 | 2016924 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LTR (ASX) Chart |