and I should add. Our enterprise value is currently at $8billion. Think about that. Yes some of that cash will go to growing the engine but this is crazy. LTR is valued at nearly $6b. And not making any cash.
Let me repeat our EV is at $8b and still making $1b per quarter. The metrics just don’t add up. Do these brokers think we are lemons or plain stupid. Or are they relying on that good old adage of “fear” and they think we will just hand them the company on a platter.
Do not be fooled.
Demand for our product is only going to grow. We are producing the right product at the right time. And this will be the case for the next 5-10yrs.
Hence why I keep adding to my position below $4. Gees if they can push the price to $3.15 from fearful retail hands then unfortunately for them, I will be buying from them.
As Kenny Roger’s sang. There is a time to hold them and a time to know when to fold. Well this is NOT the time to fold.
HOLD them tight!!!! If they want out company let them pay more than $25billion. Otherwise buzz off
Good News & Bad News, page-27261
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Last
$2.91 |
Change
-0.090(3.00%) |
Mkt cap ! $8.763B | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.06 | $2.90 | $43.68M | 14.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12200 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 3400 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |