I agree with all of this Scarpa. My comment was really just to correct VMP's statement that higher revenue (through LTR's improved product grade/quality) doesn't automatically equal higher operational margin. PLS's costs with their massive open-cut mine, close to the port, are genuinely Tier 1 (even if their product quality could do with some improving).
Also agree that it's not a competition. I'm hoping both companies can knock it out of the park. I'm a happy holder of both LTR and PLS. I hold more LTR, for the record.
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Last
73.3¢ |
Change
-0.038(4.87%) |
Mkt cap ! $1.806B | |||
| Open | High | Low | Value | Volume |
| 76.0¢ | 76.3¢ | 73.0¢ | $6.571M | 8.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 754513 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 406261 | 55 |
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| Last trade - 14.57pm 29/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |