Eat or be eaten...thats what is hapenning right now, in EV market.
If the US backs down on electrification of automobiles...China will eat out the entire market all alone.
So, I dont see much slow down in EV sales.
Maybe this price drop in Spod. sales price was facilitated by the big investment banks of the US such as goldman, JP, Jefferies, etc...to bring down the spod pricing thus allowing the US car manufacturing to place itself accordingly.
Or China maybe genuinely inolved...
Look up Lee Liu of Himalaya capital and Berskhire Hathaway. As Lee Liu had introduced Buffet Munger to BYD...
Maybe it was a ploy to have Tesla in China...and China take over the EV market eventually.
Also, we have the big Oil companies which back both US political parties with their big oil money for elections.
Well, the favor needs to be returned in some form or other....if big oil is going to be cancelled big time in near future.
Big Oil maybe needed a decent entry point in Li market as well...
Hence, I am saying that Spod. was yesterday and the future is secondary processing of Li...that is carbonate.
We need to be quick on this one....
or SYA will actually be a dead stock ...if it is not targeted sooner.
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Eat or be eaten...thats what is hapenning right now, in EV...
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $277.9M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.7¢ | $246.3K | 9.096M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 2273103 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 3142225 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 1871278 | 0.027 |
38 | 9520651 | 0.026 |
52 | 22289220 | 0.025 |
36 | 13671532 | 0.024 |
22 | 5781955 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 1544838 | 5 |
0.029 | 5266164 | 14 |
0.030 | 8468169 | 44 |
0.031 | 4431551 | 19 |
0.032 | 2530413 | 20 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
SYA (ASX) Chart |
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