@Polocook
Yep exactly. It’s very simple. RIO’s statement is matching PLS buying up assets elsewhere.
The big players are looking years ahead and only a fool would believe that EV,s are going to stop being a ‘thing’. They are not a gimmick, nor are they something that China would like you to think you can buy at one of their $2 shops next to IGA and the bottle shop.
The jostling for position is well and truly underway, and IMO, it will be like a house auction, where the real bidders remain silent till the real game is on. The consolidation will end in a handful of the biggest players owning the assets.
LTR is well positioned. There’s always risk of course, but we wouldn’t be here would we if we weren’t prepared for that as investors.
GLTAH
ASX Today, page-42649
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65.0¢ |
Change
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Mkt cap ! $1.576B | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.5¢ | 64.5¢ | $6.377M | 9.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19866 | 65.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 36467 | 1 |
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