2.50 is too cheap! Should be $3.50 at 40mt and if footwell results come back positive we are looking at 75mt and at $420t/lce start thinking about $6.50.
Excerpt from Foster's report!
"WR1 looks undervalued. The heightening M&A activity above emphasises the long-term lithium story is intact. This has excited the lithium bulls today with many stocks on the rise as investors ponder - who could be next in line? We like WR1 as it looks attractive not only as M&A target but also in terms of its growth profile that can offer inherent value with large-scale assets and sound management. Assuming a 40Mt Resource, WR1 is trading at only around $200/t LCE - under that of peers PMT (postplacement) of $420/t LCE and GT1 of $242/t LCE, implying ample upside if the company delivers."
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Last
52.0¢ |
Change
-0.010(1.89%) |
Mkt cap ! $112.4M |
Open | High | Low | Value | Volume |
53.5¢ | 54.0¢ | 50.5¢ | $187.4K | 364.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19801 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 2578 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19801 | 0.505 |
1 | 2000 | 0.500 |
1 | 20000 | 0.495 |
1 | 1500 | 0.490 |
2 | 102000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 6884 | 1 |
0.545 | 5506 | 1 |
0.555 | 5000 | 1 |
0.560 | 54118 | 2 |
0.565 | 5000 | 1 |
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