It is very true: "The divergence between the US lithium companies and Australia's players is ever widening".
But not only this one ! To give an example, here is one part from my post as of10/10/1904:20Post #: 40805474in another thread.
=>There is a Bloomberg article nearly one month ago, which describes it very good: https://www.bloomberg.com/news/articles/2019-09-06/china-mulls-target-for-60-of-auto-sales-to-be-electric-by-2035
China is exploring ambitious new plans for the future of its car industry, weighing a target for 60% of all automobiles sold in the country to run on electric motors by 2035.
> Target would represent 12-fold jump from about 5% now
> Shift could add pressure on global automakers to electrify
China’s Ministry of Industry and Information Technology is spearheading the government’s latest auto industry plans for 2021 through 2035, said the people, who asked not to be identified discussing matters that haven’t been made public.
Note: 2020 figures of 10 % from MIIT minister in 2018, 2025 figures of 20 % from government plan disclosed in 2017.
One thing is for sure, china's govenment will enforce their plan, no regard others tell you !!
Date of the rumour coincides exactly with the chinese lithium stock breakout, here is one example: I wonder, when this will punch through our stock price
So please take notice, the above chart from my post as of 10/10/19 has changed into the actual one (not to crosspromote, nor in the intent to suggest to buy now), simple to show the development !
The divergence between lithium companies is ever widening !!
I would be very happy, if the divergence between our AGY chart and that one would be half as good !!
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3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.7¢ | 4.0¢ | 3.7¢ | $271.6K | 7.042M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1174965 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 1272049 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 927072 | 0.038 |
5 | 1125500 | 0.037 |
17 | 1599933 | 0.036 |
24 | 2420960 | 0.035 |
6 | 1297499 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1272049 | 10 |
0.041 | 606346 | 5 |
0.042 | 1177717 | 9 |
0.043 | 1742500 | 3 |
0.044 | 700350 | 6 |
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