PLS 2.81% $3.11 pilbara minerals limited

The catch when looking at the Lit ETF is as different types of...

  1. 1,104 Posts.
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    The catch when looking at the Lit ETF is as different types of Li exist if one company is say fully invested in Li Brine evaporation and another is fully invested in Li Spod Hardrock, when it rains in Chile what happens to the Lit ETF, well the Brine company is going to drop and the Hardrock one up, what does the Lit ETF do, depends on their % invested in each, they themselves would also buy more in Hardrock companies shares, potentially what is happening with all the interest in Aus Hardrock, various ETF's are weighting their own ETF accordingly.

    It's sometimes quite misleading to just watch the Lit ETF without knowing what is effecting the big companies within the ETF.

    All IMO DYOR
 
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