i think we are way undervalued compared to many EV involved stocks or maybe someone just poured us a flat beer.. According to our NPV figures thrown around in the Scoping study (Base case) and PFS our Market Cap is only around 7.2% of our total NPV. VUL 18% to 19%.
Several Lithium stocks were up around 40%ish.
It may well be a simple case of the other stocks being extremely over pumped up. Comparatively little air in our tyres. Yep, its always comparitive.
With our trend pointing down we may be waiting a little while for a change of sentiment. Appears the market is still digesting the raise which is normal considering its size.
Anyway it will sort itself out in due course.
TLG - Media, page-935
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Last
54.5¢ |
Change
-0.010(1.80%) |
Mkt cap ! $206.9M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 57.5¢ | 54.0¢ | $444.8K | 802.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32712 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 35434 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |