$7 per share is a very interesting number.
you can by 1 LTM share for the same price as 2 PLS shares.
both spitting out approx 100,000 tone per annum of LCE.
one is fully integrated and accessing the margin spread across the supply chain right up to cell. The other is capturing the start of the supply chain.
brine margins are better than spodumene, particularly when you own conversion capacity.
ohh and yeah, one has 3x as many shares on issue, I will let you guess which company is which.
enjoy your weekend as best as possible under these circumstances. Very challenging times indeed.
not advice
$7 per share is a very interesting number.you can by 1 LTM share...
Add LTM (ASX) to my watchlist
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Last
$7.03 |
Change
-0.140(1.95%) |
Mkt cap ! $2.755B | |||
| Open | High | Low | Value | Volume |
| $7.09 | $7.12 | $7.00 | $6.625M | 937.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69999 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.09 | 3226 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$7.05 |
Change
-0.140 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| $7.10 | $7.12 | $7.01 | 262341 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| LTM (ASX) Chart |