You're right. The current market cap doesn't reflect the true value of LTR. The share price should be 50c at best. A $2b company that is miles away from being profitable with the current price of spod and even if/when costs are brought down will be making slim margins with the current price of spod.
The "manipulation" and "short sellers" narrative is sooo old. Why not fess up and admit that there's an oversupply. Sticking your head in the sand and blaming the share price on everything but the real reason is not a good strategy.
You're right. The current market cap doesn't reflect the true...
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Last
82.5¢ |
Change
-0.005(0.60%) |
Mkt cap ! $2.000B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 81.3¢ | $9.042M | 10.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 131414 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 31205 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |