"Someone made money from lithium stocks but it wasn’t those who, at the peak of the enthusiasm in 2018, decided they couldn’t sit back while others were making money.Maybe lithium does become the new wonder material. Or maybe battery technology moves on.Maybe a lot more lithium is needed in the coming decades. And, in all likelihood, more mines and more miners pop up to satisfy the rising demand, keeping a lid on the commodity price.If I was a betting man, I’d put my chips on rising demand matched by rising supply. That means prices are unlikely to skyrocket and stay high forever."
Fake news? Really? The above seems quite reasonable to me - it's just a lightweight history lesson in commodity supply/demand and market booms/busts. Perhaps the thesis of the article is a bit too close to home for some?
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Last
$2.90 |
Change
0.160(5.84%) |
Mkt cap ! $8.731B |
Open | High | Low | Value | Volume |
$2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 325534 | $2.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 158813 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3279 | 2.880 |
1 | 8000 | 2.850 |
1 | 600 | 2.840 |
3 | 162003 | 2.830 |
4 | 29560 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 96973 | 10 |
2.910 | 42271 | 5 |
2.920 | 98708 | 8 |
2.930 | 17775 | 3 |
2.940 | 105638 | 7 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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