problem with your logic is that virtually no miners are profitable at current li prices.
oversupply from China and Africa is not profitable. The major battery manufacturers are taking a bath depressing input costs and it won't last.
the shorts are plying their trade.
the war for vehicle manufacturing is on.
the lower buyers conspire to depress pricing the higher the rebound.
The cycle will cycle.
I will be there for the swing.
thanks for your comments.
problem with your logic is that virtually no miners are...
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Last
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716181 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 235000 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |