Particularly lithium. It has seen the largest falls of any other on the ASX. Despite the fact global markets are not falling at the same rate nor is competitors on other exchanges.
I find it hilarious that it seems someone has forgotten to mention this complete doom and gloom to any battery maker as they continue to pay ridiculous prices. Just look at PLS. With an inferior product they are taking in their highest ever returns.
Gosh, I have benefited from the average stupidity on the ASX in the past. Morgan Stanley made me quite a bit of coin when they caused this massive shortfall of supply along with China a few years ago. Somehow GS and others have managed it again. Despite prices only increasing.
Defies commonsense and belief
Time To Get Real: Back To $100m MC..., page-17
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