Wind turbines require Ree as well and that has been a big growth area.
The way I look at ree story is that if the price is high and supply short it is possible you could say demand is decreasing. Seems to work for iron ore with the demand being talked down price falls and then a buying spree happens. Iron ore price then recovers.
Time will tell if that is happening with the ree story.
ASM Price at posting:
$1.08 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)