...No idea what happens if both are announced within quick succession...
Well, with AU$50k down this morning...on a tiny AU$2k trade and then now up AU$50k on an AU$7 trade A nervous meltdown if both announcements come in quick succession is a real possibility.
But I have been preparing mentally and physically for those events, I know they are coming, just not sure in which exact order, therefore it would be a bit careless of me not to prepare.
I have been calling 0.15c as an absolute bargain price for months and months, everything below 0.23c is very good buying (CBA's buy-in price!!) after that %profit will diminish very quickly as the SP will climb very quickly.
Don't underestimate political significance this EV and Storage disruption will have around the globe.
The Car Industry is a major contributor to the German National GDP, same for Korea, Japan and US...China is trying to change that.
..." Therefore, the share of the automobile industry in the GDP of developed countries ranges from 5 to 10%. The share of this branch in the machine-building production of Germany is 14%, Japan-12%, South Korea-10%. One dollar invested in the automotive industry increases the gross domestic product by $3 (average multiplier). According to this indicator, the automotive industry has no equal among other sectors. According to various forecasts5 by 2030, the gross revenue of the auto industry is significantly increasing, and the industry will bring an additional income of 1.5 trillion. (An increase in income of 30%).
the more developed the automobile industry in the country, the higher the share of GDP of this country in world production.
In the industrial structure of industry in the US, Germany, Japan, South Korea, the share of engineering, is including automotive, ranges from 25 to 40%. In developing countries, this figure is less than 10%. https://medcraveonline.com/IRATJ/IRATJ-04-00119.pdf
Global value chains make national economies increasingly dependent on one another. Enterprises therefore need to establish value chains that are both flexible and robust in order to be able to manage unexpected disruptions in supply relationships. ■ https://www.kfw.de/PDF/Download-Cen...-EN/VK-No.-149-October-2017-foreign-trade.pdf
KFW, German Car Manufacturers are well aware of the above...
Large investments will be made...KNL is positioned very well to be part of that very lucrative disruption and being an integral part of the supply relationship...now with thanks to Trump, who seems to be the only one capable on putting a stop to Chinas free ride, deals with Non-China Influenced suppliers is more relevant than ever before.
All IMO!!
There is so much happening and so little shares to go around.
