LTR 4.27% 78.5¢ liontown resources limited

Fellow Shareholders.This is interesting.A valuation out of...

  1. 295 Posts.
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    Fellow Shareholders.

    This is interesting.

    A valuation out of Macquarie yesterday. They stick to their estimate of $2.50/share but then added this:

    https://hotcopper.com.au/data/attachments/4725/4725219-3cec5cbd1a926c80ba7602e5689c176f.jpg
    The spot price was always pooh-poohed by as a fickle mistress and no investment banker worth his salt would pay it much heed. This is why we now have valuations of lithium companies 80% below the spot price and have had for 2 years. Well, this “spot” valuation has less and less the hallmark of a bubble and more that of a late correction to the way the world is preparing to be…. from now on.



    Last edited by ETSOD: 04/10/22
 
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