Supply growth of the various Li products have grown much faster than the consumption by the battery makers. Isn’t it a supply and demand formula as stated in 2018 by MS?
EV as an actual number of world cat sales is still insignificant but growing. So it is coming off a low base but that is the potential folks are betting on isn’t it?
Meanwhile the market has been ‘bashing’ the sector for a reason fundamentally. Wish I know what it actually is and we can only speculate. Eventually it will turn like 2017 but when? Million dollar Q.
Good News & Bad News, page-2297
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Last
$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15056 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 89928 | 9 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |