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Views on these shares please?

https://www.asx.com.au/asx/share-pri...ch/company/LTR

On the Aussie stock exchange, mining loads of Lithium in Western Australia in the next year or two.....with all the automobile companies finally getting onboard with EVs this has got to be a winner hasn't it.?..already gone up hugely since May so wondering if I am too late. edit.gif

Comments

  • WillGates
    WillGates Posts: 39 Forumite
    "....the price of lithium will plunge by almost half over the next three years. Lithium carbonate currently sells at a price of $13,375 a tonne, and the analysts expect that price to fall to $7,332 a tonne by 2021."

    https://www.investopedia.com/investing/why-lithium-stocks-are-plunging-amid-electric-car-boom/
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    https://www.asx.com.au/asx/share-pri...ch/company/LTR

    On the Aussie stock exchange, mining loads of Lithium in Western Australia in the next year or two.....with all the automobile companies finally getting onboard with EVs this has got to be a winner hasn't it.?..already gone up hugely since May so wondering if I am too late.

    A mining penny share in Australia, one of the few developed jurisdictions more scam-friendly than the UK, being pumped on football fan forums? How can I lose?

    If you're reading about it on random forums then yes you are too late. Unless you want to lose money in the dump. You are slightly too later than if your shoeshine boy had been telling you to buy it.
  • DrSyn
    DrSyn Posts: 899 Forumite
    Part of the Furniture 500 Posts
    A share in another country goes up by 690% in just 2 months and you want to know are you to late?

    Answer:- YES!
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