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.
I think you touched on this previously, and whilst I disagree,...
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Last
$6.28 |
Change
-0.160(2.48%) |
Mkt cap ! $2.455B | |||
| Open | High | Low | Value | Volume |
| $6.38 | $6.38 | $6.27 | $5.054M | 799.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 24544 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.28 | 2750 | 4 |
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| Last trade - 13.20pm 05/06/2024 (20 minute delay) ? |
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Last
$6.29 |
Change
-0.160 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| $6.38 | $6.38 | $6.27 | 150045 | ||
| Last updated 13.40pm 05/06/2024 ? | |||||
| LTM (ASX) Chart |