It sure is bloody Ridiculous Alex.
Who would of thought lithium prices , and shares would of dropped to the extent they have , with so much shorting involved too.
We have a few on the rich list doing all they can to buy a reasonable percentage of a ASX Lithium company , some companies of which really are just a hopeful stage , and a huge number of years from production , even if their hope are realised. Are these savvy people so very wrong ?
We have EV vehicles well on the rise , with even in " little " Australia apparently now at 10% of new cars purchased being Electric. I know china has dropped off a little , but they have their short lived economic problems. They will sort themselves out in time.
We have many publications saying EV are the future with high estimates of future productions.
We have much said of giga factories in Europe and USA to build batteries and cars.
China refusing to sell graphite overseas after December 1 - Why ?
Most things l read are stating that Lithium is the future - so why the massive shorting , at the same time that the billionaires are investing in huge slices. Could it be just a little manipulation ? But of course the ASX wouldn't allow that.
Anyway l am holding , and very happy to hold - a few more years is ok for me
All the best Long Holders.
It sure is bloody Ridiculous Alex.Who would of thought lithium...
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |