LTR 2.16% 90.5¢ liontown resources limited

Do you find it a little odd that the company in the news putting...

  1. 60 Posts.
    lightbulb Created with Sketch. 9
    Do you find it a little odd that the company in the news putting sodium ion into production is a joint venture between a foreign company (VW) and a Chinese owned company (JAG/JAC)? The government of China is getting VW to put up 75% of the losses associated with putting the more expensive and lower performing sodium ion battery into production in order to help prime the pump. You got to give some credit to the China government for that.

    Note also that sodium ion do have some advantage when SMALL BATTERY PACKS and COLD CLIMATES are combined. Conventional lithium ion batteries can lose something like 80% of their power delivery capability at -30°C. A Tesla plaid may not even notice, a city car with a 25 kWh battery pack that isn't plugged in overnight might not be able to climb out of a parking garage such.
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
90.5¢
Change
-0.020(2.16%)
Mkt cap ! $2.194B
Open High Low Value Volume
91.0¢ 93.5¢ 89.0¢ $26.09M 28.68M

Buyers (Bids)

No. Vol. Price($)
7 472933 90.0¢
 

Sellers (Offers)

Price($) Vol. No.
90.5¢ 446423 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.