The drop below 20 cents shows the SP is only as strong as your weakest hands. I too have topped up in the lows and now hold a substantial parcel. I found fair value at 36 cents; so, 20% discount to Beer & Co. Have to keep in mind that increased Li prices, uptake of EV's and storage, will change the SP to match B&C estimate. Seems after the 4th or 5th Research Report the market is waking up to some very good upside from here.
Ann: Updated Research Report - Beer & Co-AJM.AX, page-44
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