5th consecutive day above 60m in volume. Held up well today with great support after 4 big green days. VWAP of 22.5c despite the close of 21c. Very healthy. Expect an announcement (or two) in the next fortnight.
We're in the decade of the electrification of the global vehicle fleet. The world will look back on the transition like it did with the horse drawn cart to the ICE - i.e. it happened very quickly. On Easter morning 1900 you couldn't spot an automobile on 5th avenue. On Easter morning 1913 you couldn't spot a horse!
We'll reach a tipping point when the median range from an electric car at a chosen price matches the median range of a gas car at that same price. All car companies are working towards this. Lithium (and the other battery material minerals) uptick is only just beginning. These types of opportunities don't come around often.
Tesla will use CXO Lithium, page-263
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Last
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 11.5¢ | $2.271M | 18.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 2973036 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1235619 | 14 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |