Just got to keep in mind the market cap - LTR right now has market cap of 3.2B (approx) @1.64sp. NVX, sure it's $10 sp, but has a market cap also of 3.4B (approx).....the number of 'shares on issue' is what allows the market caps of these companies to be similar, but SP very different. I think LTR by traditional valuation standards right now is very very pricey....BUT....given the potential scope of the EV future we are destined to live in, traders are valuing it highly. I'm a happy holder, but important to keep in mind how the underlying mechanics work.
DFS Bids & Bets, page-204
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Last
87.5¢ |
Change
0.025(2.94%) |
Mkt cap ! $2.121B | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 85.3¢ | $8.253M | 9.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30489 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 252133 | 14 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |