They (GS) really didn't spell out their argument why they believe the supply side has been stoked enough to cause a big drop in prices. Interest rates rises and a global recession dampen EV demand enough to cause the Li price to stall. However, the EV demand continues the up and up, I can't see the prices dropping dramatically enough to affect the share prices of Li produces or soon to be producers. I do worry about Li prices staying way too high, as efforts to substitute Li out will continue and maybe increase.
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Last
$1.37 |
Change
-0.035(2.49%) |
Mkt cap ! $3.321B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.39 | $1.36 | $8.516M | 6.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 209738 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 13727 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.38 |
Change
-0.035 ( 2.18 %) |
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| Open | High | Low | Volume | ||
| $1.36 | $1.39 | $1.36 | 2080822 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| LTR (ASX) Chart |