short term rebound in lithium prices may be restocking. But I would be much more bullish re EV penetration in China and even more so rest of the world re both penetration and speed of increase (of course coming of a much lower base). Re swing supply - assumes a higher price in any case. We don't need a pricing environment that mirrors 2021. Achieving half that price would blow the shorts out of the water - and given the uncertainties around supply and demand that is absolutely feasible in the medium term. I think the risk is very much on the upside from where prices are now.
short term rebound in lithium prices may be restocking. But I...
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Last
$3.24 |
Change
-0.080(2.41%) |
Mkt cap ! $9.751B | |||
| Open | High | Low | Value | Volume |
| $3.26 | $3.32 | $3.23 | $83.81M | 25.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 106287 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 157742 | 3 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$3.24 |
Change
-0.080 ( 2.40 %) |
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| Open | High | Low | Volume | ||
| $3.27 | $3.32 | $3.23 | 21533662 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PLS (ASX) Chart |