WES 0.38% $68.36 wesfarmers limited

They are investing in lithium which will rocket in price and...

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    They are investing in lithium which will rocket in price and result in battery technology becoming unaffordable. Jumping on the wagon of the next big thing is cloud chasing and irresponsible.

    Lithium has become a gold rush fueled by over inflated lithium prices. This will continue and result in a market crash as it becomes uneconomical. Jumping into a market like a gold rush is cloud chasing. Companies pay too much for assets and make losses when the market falls to equilibrium.
 
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