RE:RE:Call Questions on Battery
Spot on, Island! Margins are being crushed as we speak, V price falling further, now $7.40/lb, costs way up. Q2 results will turn out to be a one-time event, a flash in the pan. Clearly, the market does understand and LGO's share price failed to profit from good Q2 numbers. The advance to "double digits" will be short lived and is the result of the buyback programme and a Nasdaq stock market on steroids rather than a market reaction to news.