BMX was better and mainly sent the stock up. Now its uncertain times the stock market did NOT like this news and why our stock has been smashed today.
A signal for bad times ahead.
Stock may well drop under $4 this week then come Friday a new announcement and stock may go past $5 only to drop back again.
We are in a new range of $3.69 to $5.26 and it may well yoyo up and down for a while.
ABC news keeps pushing recession and bad times ahead yet all the restaurants are full of people are they all spending up big on just about anything. Tesla EV sales up in January to third at 5.6% of car sales. Aust performing just about the worst for EV sales in the world.
With virtually all cars makers going EV's now then it maybe harder to get a petrol car in the years ahead as it will all be EV's.
Then PLS will be well over $20 a share and maybe as high as $50 a share and all this will be a distant memory.
The next 5 years will see EV sales at over 90%.
I still drive a petrol car. I'll go to EV's when they sort out all the bugs. Tesla seem to have recall notices every week so I'll stay clear of that maker.
Each to their own madness.
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