I think lithium companies are a long game. Profits will be made but patience will be the key. Games will continue to be played. The 100 trillion dollar ICE and the Fossil Fuel industry is not going to let this shift happen easily.
In addition to the lithium space there is one more interconnected sector IMHO that will make huge profits for the shareholders in the decades to follow and these are the electric utilities.
These companies are monopolies in the area they operate with significant barriers to entry. Sometimes an outright buyout is the only option for any aspiring operator. Currently they are considered mature companies so they dish out most of their profits as dividends. As electricity demand starts pouring in from EVs they will all have to invest heavily to upgrade infrastructure and increase power generation many many folds over the next decade.
For EVs to become mainstream electric utilities perhaps hold the key to their success.
DYOR
- Forums
- ASX - By Stock
- re:Lithium demand surge
I think lithium companies are a long game. Profits will be made...
-
- There are more pages in this discussion • 1,755 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.83 |
Change
0.080(2.13%) |
Mkt cap ! $11.52B |
Open | High | Low | Value | Volume |
$3.90 | $3.91 | $3.83 | $93.62M | 24.24M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 473181 | $3.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.84 | 139317 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 81962 | 3.830 |
16 | 596083 | 3.820 |
10 | 162403 | 3.810 |
23 | 161916 | 3.800 |
2 | 12645 | 3.790 |
Price($) | Vol. | No. |
---|---|---|
3.840 | 125681 | 4 |
3.850 | 150235 | 7 |
3.860 | 211486 | 9 |
3.870 | 341565 | 17 |
3.880 | 436898 | 6 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
|
|||||
Last
$3.84 |
  |
Change
0.080 ( 2.50 %) |
|||
Open | High | Low | Volume | ||
$3.91 | $3.92 | $3.83 | 7472288 | ||
Last updated 15.59pm 28/03/2024 ? |
Featured News
PLS (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online