lake at 38c = 540m AUD company value vulcan at 4.11 = 650m AUD company value sayona at 18c = 1.76bn AUD company value anson at 16c = 175m AUD company value
why the SP difference you ask? shares on issue lake = 1.6 billion vulcan = 167 million sayona = 10 billion anson = 1.2 billion
the share price has NOTHING to do with future value, if lake had 10 times less share on issue then the SP would be 3.80 but the company value is the same, for the love of god don't come to HC to make the point that this is good value if you dont understand what market cap is, you cannot say "well this is 30c and thats 4 dollars so lake should be 4 dollars, thats like ultra novice shit
LKE Price at posting:
38.0¢ Sentiment: Sell Disclosure: Not Held
