Yes, but will they come down any time soon? And will they come down enough for people to really go back to spending like fiends.
I'm in the camp that rates probably stay at a more elevated level and it will be some time before the meaingfully reduce them. Spending may stay in this slower setting for some time, which will just drag out this painful process.
We still need to see more supply taken out of the market to rebalance things.
Looks like the LIT companies simply reacted in sympthay to Tesla, but the news itself from Tesla was not particularly bullish for Lithium, so they sold straight back off.
Yes, but will they come down any time soon? And will they come...
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Last
$2.85 |
Change
-0.150(5.00%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.83 | $92.31M | 32.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46000 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 89829 | 11 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |