Originally posted by Clubn8
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If you ask anyone under 45 have they heard of bitcoin thier answer will be "Of Course" and you ask them how they know about it they will say "because its was in the news all the time and everyone one was talking about it" then if you ask them how many companys are making EVs they will say "oh that Tesla company aren't they going broke" Then if you ask them which energy resource has seen 3 new mines open up this year in Australia..and can they name them, they will more than likely say"..........Coal.........is Adanii one?????......." the problem with the share price is not the shorts, not the day traders or even MS and SQM trying to have Lith'a'Lie love child.....Its a lack of advertising....When bitcoin boomed it overshadowed what was going on with Lith..... and now "Pot"is everywhere and again taking the limelight.... meanwhile how many EV ads have you seen on the telly....me...none....how many home battery adds on TV......me.....none.....theres been breif mentions on today tonight and 60mins.... but there is no lunch room conversation going on anywhere because hardly anyone knows about Tesla selling more cars than all the rest combined last month .... or that China produces neally 90k Electric vehicles in a month....or that nearly 50% of cars sold last month in Norway were EV....or that Germany is banning diesel in several major cities and that Every major car Company company has an EV plan on the books and some are even gettin away from ICEs altogether......Kens a champ but He needs to Elon-it-up a bit.....(not smoke pot or tweet crap) but get his face in the public eye and sell the story to the general public.... He could team With A.T (GXY) and that wild man from TAW Ol' M.C and take an Electric bus on a roadshow.....the ones at Briz airport have some serious getupandgo.
Then when lithium boom or Battery metals boom becomes a buzz words we will see our share prices take a solid step forward and get somewhere near what Macquarie forcast ($1.20).
I'm not sure I totally agree with you on this about Ken needing to Hype the company up more.
Firstly using the Bitcoin hyping method is very dangerous as I personally think the whole Crypto space is based on tax evasion, money laundering and other very dodgy transactions and its being pumped up with very questionable advertising and claims.
I know someone who was a part creator of one Crypto currency and I know that he and his co founders put fake buy and sell transactions though to support the price with the aim to sell down their massive holdings.
Also lets not forget Elon Musk just had to stand down as chairman for 3 years and Tesla has had a lot of internal trouble.
So personally I'd rather Ken kept doing what he is doing which is running the company really well and under promising while over achieving.
If you over hype a company then yes you can get a short term gain on the share price but the stock market will eventually savage you when you do not deliver.
In Kens case he is is constantly over delivering and when the next quarters cashflow comes in the market will see just how good things are and there will be no need for Ken to do any "Bitcoin or Elon Musk" marketing.
So with the expected stage 2 expansion not far away as well things are looking great and I am very happy if Ken just keeps doing what he is doing.
(20min delay)