exactly … the market cap is now above NPV (8%) … at a Spodumene price that is the long run forecast (as upgraded) by JP Morgan. Looks like an expensive stock to me … should be trying to buy at discount to NPV …. You will now have lots of paper ($90m) looking for the exit door in next few days also.
Banter and general comments, page-3487
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Last
9.2¢ |
Change
-0.002(2.13%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 9.4¢ | 9.4¢ | 9.0¢ | $634.8K | 6.909M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1001692 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 502241 | 23 |
View Market Depth
| Last trade - 12.55pm 30/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |