Why do underwriters do book building?

Under book building, an underwriter determines the price of an IPO or initial public offering. Underwriters are generally investment banks that build a book by taking in the bids offered by institutional investors for the shares they would be willing to buy.

Why invest in ASX Lithium Stocks?

Investing in lithium stocks is a great way to gain exposure to the booming lithium market. Lithium is a key component in lithium-ion batteries, which are used in electric vehicles, renewable energy storage, and other technological applications.

The demand for lithium-ion batteries is expected to skyrocket in the coming years as the world shifts towards cleaner energy sources. This is reflected in the growth of the lithium market, which has seen a compound annual growth rate of over 20% in the past five years.

The ASX is a great place to invest in lithium stocks, as it is home to some of the world’s largest lithium producers. The ASX also has a strong focus on mining and commodities, making it an ideal market for investors looking to gain exposure to the lithium industry.