Car sales are down whether they are petrol or EV in 2024.
Cost of living has caused retail sales to slump world wide.
They calling it a retail recession.
Its why the lithium price has dropped by 90% and with over supply issues causing lithium/spod to fall hard
along with the share price in those companies. Some will fold. FMG was looking at mining it then
when the price collapsed they had a re think and didn't go ahead with it.
My PLS shares gone from about $5.50 to $2.90
Some lithium stocks gone from 90c to 3c and I suspect they'll fold soon as their cost price is higher than the sale price.
Many have stopped product and with high debt levels they'll soon fold too.
PLS still making a good enough profit so they will be fine.
Fear has entered the market for lithium stocks.
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Mkt cap ! $49.63B |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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7 | 18592 | 16.100 |
5 | 12169 | 16.080 |
4 | 78015 | 16.070 |
3 | 9520 | 16.060 |
3 | 25309 | 16.050 |
Price($) | Vol. | No. |
---|---|---|
16.140 | 3138 | 1 |
16.170 | 3000 | 1 |
16.200 | 1600 | 2 |
16.210 | 24668 | 4 |
16.220 | 1010 | 1 |
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