I reckon this stock is worth $3.50 with absolutely NO change in the spod price and using growth in production alone.
Now imagine what might happen if the spod price at sometime should actually go up in the next four years?
Imagine that!
It'll be worth a fortune.
If it goes to $2.50 I'll be cheering along with all the shorters. Sure I will be making an enormous lose, but will be backing up the truck and lowering my cost base even more
we should all be thanking the media with all their negative sensationalist reporting, thanking all negative nellies who have dumped the stock at massive loses near the bottom of the cycle and all the shorters for creating the bargain of the century - at least I am.
the tricky part will be to get in just prior to when these shorters have to start covering.
I reckon this stock is worth $3.50 with absolutely NO change in...
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Last
$2.89 |
Change
-0.100(3.34%) |
Mkt cap ! $8.699B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.97 | $2.89 | $45.17M | 15.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 335341 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 154500 | 2 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |