RE:RE:KEEP AN EYE ON THIS....Share price action greatly shows we are amongst a defeatist, mentally fossilized public market community...full stop!!
Over the last 24 months there was first LG, then VW, then Northvolt, now potentially Honda, all with massive Canadian EV ambitions, and more surely to follow. The Koreans, Germans, Swedish, and now the Japanese are coming, yet vast tracts of Canada investors are not interested in the opportunity. If a fraction of these developments were landing in Australia, the subsequent uprising in all upstream supply chain would be absolutely astounding.
Poor Canada's investors, so enamoured with the oil and gas over the last few decades, got total fossilization of the brain, are like a deer frozen in the headlights, too afraid to get on board. Give us some recreational drug stocks, give us some crypto instead. Maybe we should just keep playing it super safe with only stocks in banks, telcos etc and ignore the climate inconveniences in front of us all. Too scary to dance the EV tango against the Chinese, AVL's got too many shares outstanding, watch out for consolidation, god forbid your ego and pocketbook gets dinged by less than perfect trading eh!!!