The ASX investors in this sector seem to be unaware of
how the international solar market has changed in the past 12 mths.In fact some US solar stocks have increased 100%
Can anyone explain to me how a stock like LKO with
over 7bill.shares on issue..plus restricted drilling
conditions due to moratorium on fracing..plus adverse
publicity being ongoing..plus no cashflow..be at 5 times
AFT share price which has existing growing cashflow,plus expansion plans on track in China/Asia..with targeted turnover of around..$14-50 million over next 18 mths.
It doesn't make sense ..
Cheers
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