Tell you what trends I'm looking at? EV sales in the united states doubled in 2022, wouldn't take a rocket scientist to work out that 2023 will be another >50% increase in YOY sales. I'm not even factoring in battery storage demand which is also ever increasing with grid scale batteries being announced and installed in the coming 12-18 months.
Increased demand on EV batteries = increased demand in EV battery materials and will only continue to increase and squeeze supply. Anticipating that we hit ATH's and go beyond in 2023, todays SP is a substantial discount to what we had a few weeks ago and to the recent CR.
I get sever FOMO with the SP, so always average down and average up when buying/selling, again i'll re-iterate, consider the current SP as a buying opportunity. I don't want to be sitting there waiting for another 1c drop which never occurs and miss out on a one week 50% increase, the smart ones would have sold a parcel or two when we were at a SP close of 35c not long ago and now have the opportunity to buy at 40% discount.
Happy Investing amd GLTAH.
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8.3¢ |
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Mkt cap ! $210.9M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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6 | 704490 | 0.082 |
8 | 446635 | 0.081 |
15 | 405554 | 0.080 |
1 | 10000 | 0.079 |
Price($) | Vol. | No. |
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0.084 | 10400 | 1 |
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