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
95.0¢ |
Change
-0.015(1.55%) |
Mkt cap ! $2.303B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | $1.01 | 94.3¢ | $14.14M | 14.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 108494 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 129667 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |