Lithium stocks taking off astronomically and getting valued 100x of what they worth because everyone is betting on the EV revolution which will come. BUT: The comps that sell and service EVs will be the winners due to profit margins. LPE is holding the monopoly for supplying the power to the recharge stations in QLD, currently rolled out along the Bruce Highway from Brisbane to Cairns. The QLD government is reimbursing LPE for the charging as it has a 1 year free recharge promotion running. Imagine, most of the EVs in a few years time recharge with LPE's power. That has no-one priced in yet. Not to mention the $$$$$$$$$$$$$$ in profits to be reported in the next 4C due to LPE's main business.
Be patient guys, money talks!
Lithium stocks taking off astronomically and getting valued 100x...
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $27.93M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $1.172K | 7.544K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30028 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 125885 | 2 |
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| Last trade - 10.44am 04/11/2024 (20 minute delay) ? |
| LPE (ASX) Chart |