Some calcs for ideas…
$2.50 future value in 18 months (production assumption) assuming a 6% interest rate (change by all means) is worth around $2.70-$2.80 depending on method of calculation.
So then assuming a P/E ratio of say 8, that suggests earnings of about $0.30.
Now with 2.2B SOI, that’s company earnings of about $660M (AUD). Assume exchange rate circa 0.78, that’s about $514M (USD) and that’s assumed annual earnings.
So, ignoring taxes, royalties, costs etc (assume they are all nil values - yep, I know) … let’s see what volume of spod that equates to … let’s assume spod price of say $4,000, that’s annual volume of 128,000T. At $3,000 it’s 170,000T.
Anyone want to hazard a guess how realistic it is that an annualised production rate for LTR is anywhere near that small a volume of spod sales? Yeah I know there’s a bunch of assumptions and rough guts calcs in this … but hey, this thread is for just throwing out some numbers with no justification isn’t it … or are there ways to justify why the suggested $2.50 is ridiculous… or even $3.00 …
I say ALB will need to bring up the offer price a fair bit before my calculator starts to get interested.
Shorters will need to find parachutes I think.
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Some calcs for ideas… $2.50 future value in 18 months...
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Last
$1.37 |
Change
0.010(0.74%) |
Mkt cap ! $3.297B |
Open | High | Low | Value | Volume |
$1.36 | $1.38 | $1.35 | $4.283M | 3.147M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 72206 | $1.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.30 | 127523 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19506 | 1.505 |
3 | 14239 | 1.475 |
1 | 5905 | 1.470 |
5 | 77663 | 1.440 |
2 | 9860 | 1.435 |
Price($) | Vol. | No. |
---|---|---|
1.300 | 116523 | 3 |
1.305 | 181015 | 3 |
1.315 | 84846 | 3 |
1.325 | 2040 | 1 |
1.330 | 9184 | 2 |
Last trade - 15.59pm 28/05/2024 (20 minute delay) ? |
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Last
$1.37 |
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Change
0.010 ( 0.49 %) |
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Open | High | Low | Volume | ||
$1.36 | $1.38 | $1.36 | 841994 | ||
Last updated 15.59pm 28/05/2024 ? |
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