LRS now have both black rock & vanguard on its register. Some of the biggest mutual funds in the world- this is not trivial.
It's just a matter of patience for a fair market cap to be reflected and lithium sentiment will eventually mature into something better than the current state, however Latin will be better positioned to weather bargain basement prices than vast majority of current producers.
I'm sure many institutions have Latin on their radar to build positions however will require things like a DFS as minimum investment criteria.
Gonna hopefully see some big volume in Q3 and 4 and of course a run in SP. I anticipate a fast move to 1B market cap.
LRS General Discussion, page-18237
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Last
16.3¢ |
Change
-0.008(4.41%) |
Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $1.759M | 10.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 583485 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 2222414 | 38 |
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| Last trade - 10.38am 18/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |