LOD is valued at about $10mn....with all the projects they have underway....plus there work with BHP I see it as somewhat undervalued atm....
CQT's management were after all considered suspect after the diamond fiasco of many years ago....everyone loves them now..
Our LOD crowd have the ability to get things moving...and they have a lot underway so maybe it is time for a bit of a rerating...which is certainly what we have seen recently...
And today the main market was down a little over 1% and LOD didn't really move... not too many sellers out there then - which would indicate that I am not alone in seeing the short term potential in LOD....
EB
LOD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
