I don't think people are fearful yet, when the market is completely flooded, EV sales reduce year on year and Li prices are half what they are now and LRS is at 5-6c then fear is at hand.
And this saying has some merit but is more appliccabl when it is a black swan event like Covid was, not a systemic issue with an industry and concerns over serious long term head winds and supply and demand metrics.
LRS General Discussion, page-18164
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $559.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.3¢ | $5.462M | 27.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 202667 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 6654078 | 37 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |