Right here.
All I implied was that the LTR stock was overpriced given the current movement in the Lithium market (last 3mo). You are definitely entitled to your own very honest opinions.
Coming out of the TH its done exactly as expected - now the price is getting towards a realistic TO point for interested parties. It fits IGO's battery metal narrative that's all - lord knows Ive heard it enough times from P-Brads and Dusci. Without the Tianqi deal the company would be a $4 stock. Ni is proving hard to find.
The other strategy creeping in is the share price re-rate that comes with a transition from a mining company to a downstream processing company. Maybe in 5-10yrs from now IGO wont actually operate any mines?
Right here. All I implied was that the LTR stock was overpriced...
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Last
$6.04 |
Change
-0.220(3.51%) |
Mkt cap ! $4.573B | |||
| Open | High | Low | Value | Volume |
| $6.26 | $6.27 | $6.04 | $28.15M | 4.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 19021 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.05 | 37992 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$6.06 |
Change
-0.220 ( 3.40 %) |
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| Open | High | Low | Volume | ||
| $6.27 | $6.27 | $6.05 | 1484841 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| IGO (ASX) Chart |