“It would take much higher EV penetration rates (from around 1.6% in 2018, to around 13.7% in 2025, versus MS estimates: 9% penetration for 2025) to offset these surpluses and balance the market, in our opinion.”
hmmmmm... interesting...
Remember MS stated in its article that it would take 31% BEV penetration in 2025 to consume this expected extra 500,000 tpa production....
There's a BIG difference between 31% BEV and 13.7% EV penetration...!!
Bunch of jokers at MS, UBS etc don't know what they're on about imo.
The rubbish continues to smash the sector today though.... I thought it may have been contained to the general one-day drop (figured the punters weren't going to be fooled again after Lithium scare 1.0), but it turned down again hard today..? Perhaps a market-wide crappy day to blame for today..? I dunno.
Hopefully the Argosy ship will be buoyed by some exxxcellent news in the coming weeks! bring it on!
- Forums
- ASX - By Stock
- AGY
- Lithium stocks hit by gloomy report from today's Mining News.
Lithium stocks hit by gloomy report from today's Mining News., page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
|
|||||
Last
4.2¢ |
Change
0.002(5.00%) |
Mkt cap ! $61.14M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.1¢ | $17.38K | 420.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 450601 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 146892 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 425501 | 0.041 |
14 | 1161855 | 0.040 |
11 | 3139102 | 0.039 |
13 | 681280 | 0.038 |
11 | 1066018 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 146892 | 2 |
0.043 | 120000 | 1 |
0.044 | 382711 | 3 |
0.045 | 123242 | 3 |
0.047 | 98988 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |