I started reinvesting in Lithium stocks after Model 3 ended Camry's 28 years run as best selling medium car in Aus. Even though I am still not a fan of EV, because of short range, people are liking them. Look at other BEVToyotas ... more than 70% of new Camry, RAV and Corolla are hybrid. On good summer days we are getting 30+ pct supply from windmill and rooftop solar panels. If electric providers move for large scale solar farms in a few years all states may need to build SA like mega battery storage for night or rainy days.
Over supply or under supply ... lithium demand would grow exponentially. Material prices or SP are always manipulated. Look at Iron ore price from 2007 to now - how many times iron ore business forecasted as 'no hope' , how many times price per tonne dropped below 80 and move above 150 .. BHP, RIO, FMG are still full steam ahead. Only so called analysts from GS, CS, UBS etc makes stupid forecasts.
I started reinvesting in Lithium stocks after Model 3 ended...
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Last
$7.20 |
Change
0.130(1.84%) |
Mkt cap ! $2.794B | |||
| Open | High | Low | Value | Volume |
| $7.15 | $7.30 | $7.12 | $15.65M | 2.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 551 | $7.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.20 | 25781 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$7.19 |
Change
0.130 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| $7.18 | $7.30 | $7.12 | 411881 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| LTM (ASX) Chart |