PLS has 305mt resources and LTR has 156mt. Comparing on this basis, $2.5 for LTR looks reasonable after production. Given we are still few weeks away from production and also does not have free cash reserve as PLS. I would think a price between $1.5 to $2 is fair. We are all believers of LTR but has to be based on facts.
$5 stock !, page-4
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Last
93.0¢ |
Change
-0.015(1.59%) |
Mkt cap ! $2.255B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 95.5¢ | 91.0¢ | $8.506M | 9.158M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10414 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.5¢ | 20653 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |