I think you sum it up when you state it's a 'no brianer'.
Your peer comparison is just loopy.
Why are you still talking about 40mt? That's long past.
There is no credible thesis that has WR1 fairly priced at $2.50 and its peers fairly valued at their current MCs.
Either WR1 is mispriced, and/or its peers are overvalued.
At the end of the day, it's the value of lithia that gets to market when the market wants it, that counts.
WR1 Chart, page-466
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Last
64.5¢ |
Change
-0.025(3.73%) |
Mkt cap ! $139.5M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.5¢ | 64.0¢ | $464.1K | 711.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26507 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.0¢ | 5738 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |