Just a guess but I presume he is using a low pe due to non-favorable market conditions and negative lithium sentiment and risk factors? As sentiment, production capacity, EV sales etc improve and continual process is achieved, then the ratio would improve.
Li-related News/Articles/Reports, page-7633
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Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $145.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.6¢ | $437.8K | 4.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 140889 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.7¢ | 13117 | 10 |
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| Last trade - 13.27pm 12/06/2024 (20 minute delay) ? |
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Last
9.9¢ |
Change
-0.004 ( 4.90 %) |
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| Open | High | Low | Volume | ||
| 9.9¢ | 10.2¢ | 9.6¢ | 688367 | ||
| Last updated 13.48pm 12/06/2024 ? | |||||
| AGY (ASX) Chart |