OK heres where I get myself in trouble trying to understand why LKE and VUL arnt more similar in price. Now I know that VUL has less shareholders according to last VUL annual report they had 70,834,806 and LKE has over a billion so VUL should have a higher price plus VUL will make money from geothermal energy production and VUL are located in Germany but both are only up to the PFS stage. So am I missing something is one of these pretty similar companies really worth about $8 more than the other?
Happy to be shown why theres an $8 difference.
LKE valuation, page-34
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Last
6.5¢ |
Change
0.010(18.2%) |
Mkt cap ! $103.4M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 6.6¢ | 5.6¢ | $1.800M | 28.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84284 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 1791840 | 18 |
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| Last trade - 14.45pm 17/10/2024 (20 minute delay) ? |
| LKE (ASX) Chart |