I agree with all of this Scarpa. My comment was really just to correct VMP's statement that higher revenue (through LTR's improved product grade/quality) doesn't automatically equal higher operational margin. PLS's costs with their massive open-cut mine, close to the port, are genuinely Tier 1 (even if their product quality could do with some improving).
Also agree that it's not a competition. I'm hoping both companies can knock it out of the park. I'm a happy holder of both LTR and PLS. I hold more LTR, for the record.
I agree with all of this Scarpa. My comment was really just to...
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.28 |
Change
0.040(3.23%) |
Mkt cap ! $3.103B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.28 | $1.24 | $9.465M | 7.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91644 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 108705 | 7 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.28 |
Change
0.040 ( 2.47 %) |
||||
| Open | High | Low | Volume | ||
| $1.25 | $1.28 | $1.24 | 2198902 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| LTR (ASX) Chart |