I haven't missed your point. I think you are missing mine. I also think your point is wrong for a company with a SP at the fractional price of LMG. I think you should invest in BHP if you are expecting that level of results.
LMG's SP is a minute fraction of what it could be, with only big gains and ground to come. The company is extremely well placed to do very, very well. It's December Trading Update where they are at, in exact detail with exact timings. From a very exact and exceptionally strong leadership team.
And on top of this progress map, we have a worldwide, long lasting shortage of magnesium, a supply stop on evironmetally unsound practices, and an exploding EV manufacturing market.
Everything points to 2022 being a gamechanging year for LMG. They are the right company at the right moment in time.
DYOR.
Russia/Ukraine Threat - New threat to Europe's Magnesium supply, page-6
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Last
5.0¢ |
Change
0.001(1.02%) |
Mkt cap ! $95.84M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.1¢ | 4.9¢ | $43.78K | 875.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 242144 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 206594 | 2 |
View Market Depth
| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
4.9¢ |
Change
0.001 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 5.1¢ | 5.1¢ | 4.9¢ | 408938 | ||
| Last updated 13.29pm 03/05/2024 ? | |||||
| LMG (ASX) Chart |