Though you @tradeprofits here to downramp and probably envious of the SP rising, the first comment by @JamesPatros has enough for you to read and understand (only if you are genuine).
Undervalued is compared to SXG (comparable value). If someone asked to someone why in WA1 though it has gone to 1bn MC with no production in sight for years, they would say it is still under valued, right! Like someone is convinced holding WA1, LRV holders have a conviction based on fundamentals.
Below is a snippet from his comment.
Extremely Undervalued - Rerate coming, page-46
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Last
33.0¢ |
Change
0.065(24.5%) |
Mkt cap ! $101.6M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 37.5¢ | 26.5¢ | $6.776M | 22.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 208478 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 135000 | 2 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| LRV (ASX) Chart |