Unlikely I think as PRC EV volumes globally are under pressure. China is not good as the real estate sector is correcting massively. In the US, Biden has placed a 100% tariff upon them. Also, Biden has lifted more oil in 2024 so far than Trump ever did in a CAL half. EU nationalists are about to follow. Trump 2nd term will only be worse for PRC. Rather then, the LPM share price will be a function of low liquidity momentum in the near term, beyond that it will respond to US interest rates. PRC has a bubble emerging in their bond market so I don't expect PRC macro data to help in 3Q. Agree that the Ent.Val is worth a punt. Here is a question: For Chinese nationals, from the time they place an order for a new EV built in the PRC, how long is it until they receive it currently?.
Unlikely I think as PRC EV volumes globally are under pressure....
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Last
9.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.22M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36000 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 125000 | 1 |
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