I never say never.
Car manufacturers are currently the biggest consumer for lithium. They have invested billions in tooling up for battery vehicles and are in this for the long run.
Hydrogen is a great option but will remain the niche just like EV's were 20 years ago in relation to petrol. Manufacturers cannot change now, mid stream. Too much skin in the game.
If mergers or acquisitions are forgone due to current share prices, large cap firms will simply miss out and they cannot afford to do that.
The SP will rise and fall, that's a given, but we are still in our infancy, which makes for a very bright future.
The Wesfarmers Elephant may be in the PLS room, page-142
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Last
$2.85 |
Change
-0.030(1.04%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.89 | $2.82 | $51.48M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6942 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 129885 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |