Some calcs for ideas…
$2.50 future value in 18 months (production assumption) assuming a 6% interest rate (change by all means) is worth around $2.70-$2.80 depending on method of calculation.
So then assuming a P/E ratio of say 8, that suggests earnings of about $0.30.
Now with 2.2B SOI, that’s company earnings of about $660M (AUD). Assume exchange rate circa 0.78, that’s about $514M (USD) and that’s assumed annual earnings.
So, ignoring taxes, royalties, costs etc (assume they are all nil values - yep, I know) … let’s see what volume of spod that equates to … let’s assume spod price of say $4,000, that’s annual volume of 128,000T. At $3,000 it’s 170,000T.
Anyone want to hazard a guess how realistic it is that an annualised production rate for LTR is anywhere near that small a volume of spod sales? Yeah I know there’s a bunch of assumptions and rough guts calcs in this … but hey, this thread is for just throwing out some numbers with no justification isn’t it … or are there ways to justify why the suggested $2.50 is ridiculous… or even $3.00 …
I say ALB will need to bring up the offer price a fair bit before my calculator starts to get interested.
Shorters will need to find parachutes I think.
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Last
87.0¢ |
Change
-0.055(5.95%) |
Mkt cap ! $2.109B |
Open | High | Low | Value | Volume |
91.0¢ | 91.0¢ | 87.0¢ | $13.56M | 15.20M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 468436 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
87.5¢ | 39794 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 458436 | 0.870 |
11 | 184030 | 0.865 |
21 | 285593 | 0.860 |
8 | 73019 | 0.855 |
35 | 203287 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.875 | 39794 | 1 |
0.880 | 122275 | 3 |
0.885 | 64497 | 2 |
0.890 | 15000 | 1 |
0.900 | 50525 | 3 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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