prospects look really good: stongly growing lithium market, sound finances, etc
since the last report came out, chance of bankruptcy went down to 1% (from 30%). Looks like risk involved has massivly decreased, and Ore s becoming an investment grade company.
I think its only a matter of time until larger institutional companies take it into their portfolios, given the expected return.
Valuation, even on prudential assumptions leads to a share price that is at least double the current price.
It should however be more in the range of 7-9 $ given the facts. I found support for my valuation here:
http://www.macroaxis.com/invest/market/ORE.AX--valuation--Orocobre-Limited
Now I wonder, how long will it take until the market realizes? Its gone up a good deal already recently, but that looks like it is only the very beginning..
any ideas?
- Forums
- ASX - By Stock
- the next bounce
prospects look really good: stongly growing lithium market,...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug