Not sure why LTR is on the slide with the recession not being any big deal IMO as the build is about to take place with everything accounted for financially and still 2 years from production in an industry that will have recovered from a poor 2022. Even Evergrande the property company that looked like going bust have predicted to be manufacturing 1million electric cars by 2025 and 5 million per year by 2035. Ford, VW, etc etc etc all going all in and if Tesla are to meet their forecasts in the coming years I very much doubt supply meeting demand any time this decade. When asked about recycling battery materials and when would they not need much more mining the reply was of around 2050 or 2060, a long way off.
Not sure why LTR is on the slide with the recession not being...
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Last
$1.24 |
Change
0.015(1.22%) |
Mkt cap ! $3.006B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.23 | $8.241M | 6.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 87470 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 43680 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
0.015 ( 0.97 %) |
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| Open | High | Low | Volume | ||
| $1.24 | $1.26 | $1.23 | 2072730 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| LTR (ASX) Chart |