"LKE has not released any serious "fundamental" information to support the current SP."
There are a few analysts that would strongly disagree. There is a PFS that shows a NPV of A$2billion and the market cap is just $364mill.
I'd say the company has released enough information that the sp could be $1 and the market cap would still have around a 50% discount to NPV to reflect risk.
I'd say the company has released more than enough information already to see the sp go much higher. Then if we get more info to support expansion plans, the $1 target could be $2 with a 50% discount for risk. Then when the DFS is completed and the market applies less discount for risk, you could see $3. All in good time but more than enough info already for me to expect $1.
- Forums
- ASX - By Stock
- LKE
- 2021 and beyond
2021 and beyond, page-2982
-
- There are more pages in this discussion • 6,894 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 LKE (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.7¢ |
Change
0.001(1.79%) |
Mkt cap ! $99.01M |
Open | High | Low | Value | Volume |
5.8¢ | 5.9¢ | 5.7¢ | $242.4K | 4.193M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 572878 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 437091 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 513580 | 0.057 |
12 | 1890202 | 0.056 |
18 | 976686 | 0.055 |
3 | 71611 | 0.054 |
6 | 194650 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 437091 | 3 |
0.059 | 560986 | 4 |
0.060 | 347091 | 5 |
0.061 | 288934 | 2 |
0.062 | 662554 | 4 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online