This is wrong!
UBS has a valuation of $3 USD on ALTM and a valuation of $4.45 AUD on LTM. UBS is neutral and its price target on LTM now with an upside of about 30% on today's price!
Not a single broker report has a valuation on LTM less than the current price and not one broker has a sell rating that I can see.
Price to book for ALTM is now about 0.35 which means book value is almost 3 times the current market valuation - not just double.
General Discussion, page-2281
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Last
$8.14 |
Change
0.060(0.74%) |
Mkt cap ! $2.384B | |||
| Open | High | Low | Value | Volume |
| $8.13 | $8.17 | $8.12 | $13.98M | 1.717M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1226 | $8.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.16 | 4742 | 2 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| LTM (ASX) Chart |