Atlantic lithium is quite unknown thanks to being listed on a dodgy exchange. It is rarely mentioned on various peer comparison presentations.
Once the aussie market sees the low market cap compared to its peers, the gap should close. How quickly will depend on how well they market. Need to do roadshows etc.
Compare it to CXO for example. Atlantic has nearly double the resource size but is about 1.5 years behind CXO. Atlantic is in ghana, CXO is in WA.
CXO Market cap = $2.4 billion
A11 Market cap = $0.4 billion fully diluted
Atlantic Lithium new on ASX, page-28
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $246.8M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 37.0¢ | $42.79K | 113.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9399 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 43500 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| A11 (ASX) Chart |