Perhaps we're looking at it mostly with an insider view - we hold, so we are naturally inclined to want and expect things to go well, whereas *potential* holders are going to naturally take a more rounded or downside-aware view on the near term future.
For me, this has always (since IPO, anyway) been intended as a long-term industrial hold, and I see any parcels that I've managed to pick up at lower than IPO price as being an opportunity to reaffirm my faith in this kind of emergent manufacturing technology. I suspect that larger players might be happy to reduce their risk a bit and move in as the company proves itself out with e.g. more contract pipelines, maybe at a point where orders take up available slack manufacturing capacity.
Remember that some of the fund raising in the ~2020 era was to build out overseas facilities - OK, we've circled around and are approaching that from a different angle - but the medium term play here is still expanding the manufacturing base AFAIK. That will need a chunk of extra capital and I suspect it's that next-big-step impetus that will see a consolidation around the higher valuation market cap as others have spoken to so well upthread.
- Forums
- ASX - By Stock
- $12.2M revenue for the last 12 months
Perhaps we're looking at it mostly with an insider view - we...
-
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AL3 (ASX) to my watchlist
|
|||||
Last
9.5¢ |
Change
0.009(10.5%) |
Mkt cap ! $35.82M |
Open | High | Low | Value | Volume |
8.8¢ | 10.5¢ | 8.8¢ | $906.7K | 9.338M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 906 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 10309 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 906 | 0.095 |
2 | 82000 | 0.094 |
3 | 116152 | 0.093 |
1 | 20000 | 0.092 |
5 | 534171 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 10309 | 1 |
0.098 | 40000 | 2 |
0.099 | 267468 | 2 |
0.100 | 285581 | 3 |
0.105 | 638628 | 5 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
AL3 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online