PSC 0.00% 15.5¢ prospect resources limited

The re rate in Lithium stocks is upon us according to...

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    The re rate in Lithium stocks is upon us according to Ausbil
    Ausbil Investment Management Limited is a leading Australian based investment manager. Established in April 1997, Ausbil’s core business is the management of Australian and global equities for major superannuation funds, institutional investors, master trust and retail clients. Ausbil is owned by its employees and New York Life Investment Management (NYLIM), a wholly-owned subsidiary of New York Life Insurance Company.
    James Stewart who is their resources portfolio manager believes Lithium is the best opportunity to leverage the EV thematic. Pricing has increased over the past few weeks and demand looks like it is getting stronger as well - this all suggests we are headed for a re-rate in lithium equities.

    One last point...equities often rally ahead of price increases in the commodity. In other words we don't need to wait for prices to get back to previous highs...equity prices will rally soon - Prospect is especially well positioned to capitalize.

    As always do your own research and read up on Lithium news to stay on top of this emerging crunch. Exciting times ahead.

 
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15.5¢ 16.5¢ 15.5¢ $112.6K 702.0K

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Last trade - 16.10pm 22/05/2024 (20 minute delay) ?
Last
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