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
91.5¢ |
Change
0.005(0.55%) |
Mkt cap ! $2.218B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 94.0¢ | 88.0¢ | $20.59M | 22.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48924 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 187120 | 9 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |