The shorting has nothing to do with the perception of over supply.
Just part of the market especially brokers who can borrow shares and make a profit pushing it down usually at the last closing Gap.
1 in 5 cars in China are mandated to be electric and policy is to completely switch to EV cars and bus transport .
How many vehicles are sold each year in China???
India now catching up to the EV exponential market growth and they are in line to tap into $100 billion funding pool available in 2020.
POSCO expanding CATL expanding VW expanding , LG CHEM also expanding production be more than 100 %,these are multi billion companies .
Have they all got it wrong?
IMO POSCO will secure Downstream processing plant JV and part of stage 2 off take with PLS.
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Last
$2.90 |
Change
0.160(5.84%) |
Mkt cap ! $8.731B |
Open | High | Low | Value | Volume |
$2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 325534 | $2.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 158813 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 325534 | 2.890 |
2 | 3279 | 2.880 |
1 | 39419 | 2.870 |
4 | 545141 | 2.850 |
7 | 851287 | 2.840 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 157573 | 16 |
2.910 | 42271 | 5 |
2.920 | 103708 | 9 |
2.930 | 22775 | 4 |
2.940 | 108359 | 8 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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