28 million shares traded, and there is 2 sides to the ledger (buyers & sellers) So, if there was a real issue with the company, there would only be sellers and liquidity would dry up.With regards to lower spod prices, for a margin of safety, use the low ball spod price of US$633 pt included in the stage 2 DFS, which from memory, equates to just over AUD$400 mill pa in EBITA for LOM. Form a valuation and price per share on those numbers and see if you are comfortable holding.
Who are the Shorters?, page-28
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Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |