Bell Potter have released a report today following yesterdays news.
Price Target $100 and a Buy rating.
Spod assumptions are $5,250 for FY23, $3,028 for FY24
Hydroxide are $67k for FY23, $50k for FY24
Lockyer Deep has been written down by $450mil in terms of its NPV value ($2 per share)
Not 20% as some other posters have suggested.
Bell Potter have released a report today following yesterdays...
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Last
$37.87 |
Change
2.745(7.82%) |
Mkt cap ! $7.459B | |||
| Open | High | Low | Value | Volume |
| $36.55 | $38.50 | $36.50 | $89.56M | 2.374M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1158 | $37.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.87 | 345 | 6 |
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| MIN (ASX) Chart |