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,...
Add LTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.27 |
Change
0.200(2.83%) |
Mkt cap ! $2.822B | |||
| Open | High | Low | Value | Volume |
| $7.32 | $7.41 | $7.27 | $25.49M | 3.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24886 | $7.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.27 | 31544 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$7.28 |
Change
0.200 ( 2.78 %) |
||||
| Open | High | Low | Volume | ||
| $7.34 | $7.41 | $7.28 | 534738 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| LTM (ASX) Chart |