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.
The shorting has nothing to do with the perception of over...
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Last
$3.26 |
Change
0.030(0.93%) |
Mkt cap ! $9.811B | |||
| Open | High | Low | Value | Volume |
| $3.26 | $3.31 | $3.20 | $93.80M | 28.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36000 | $3.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.27 | 487563 | 11 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |