I think you touched on this previously, and whilst I disagree, it is clear that lack of faith in management to deliver on their growth projects in a timely manner is widespread. This explains a large part of the decline relative to peers.
The risk of operating in Argentina, and uncertainty with permitting for future brine expansion relative to asset potential can also be a reason.
If you’re discounting growth potential and only valuing this on expected PE then I don’t think seeing valuations of AU$4-5 per share is out of the question.
General Discussion, page-1317
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Last
$5.44 |
Change
-0.210(3.72%) |
Mkt cap ! $2.059B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.50 | $5.33 | $20.65M | 3.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 22430 | $5.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.47 | 5009 | 3 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$5.44 |
Change
-0.210 ( 3.91 %) |
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| Open | High | Low | Volume | ||
| $5.46 | $5.46 | $5.33 | 744404 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
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