Forgive my simplistic application of this logic - If I'm wrong and stand to be corrected please do so - however a reduction in value of Li mineral prices should result over time in a drop in cost of production of EV cars, which should then translate to the cost of EV vehicles coming down? Is that too simple a take?
Would that in turn generate a governmental push to promote EV uptake through parallel supports/tax incentives etc? I certainly don't disagree that based on a current combination of niche pricing and Australia's appetite for large ute vehicles, its no doubt resulting in slower than projected uptake.
It appears to be a litany of competing beliefs, governments, and the free market 101.
Do we not simply apply the 'putting it in the bottom draw' until circumstances change? Changes what would have been a quick win, into what the norm is typically with minerals and resources, which is a long term play when ALL conditions benefit that material and use.
Cheers
- Forums
- ASX - By Stock
- WC8
- Chart
Chart, page-391
-
- There are more pages in this discussion • 386 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WC8 (ASX) to my watchlist
|
|||||
Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $331.8M |
Open | High | Low | Value | Volume |
26.5¢ | 28.5¢ | 26.5¢ | $271.6K | 980.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 248184 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 53923 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 248184 | 0.270 |
7 | 183176 | 0.265 |
7 | 161177 | 0.260 |
2 | 101965 | 0.255 |
9 | 154001 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 53923 | 3 |
0.280 | 10000 | 1 |
0.285 | 180900 | 4 |
0.290 | 129145 | 6 |
0.295 | 45394 | 4 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
WC8 (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online