I think you sum it up when you state it's a 'no brianer'.
Your peer comparison is just loopy.
Why are you still talking about 40mt? That's long past.
There is no credible thesis that has WR1 fairly priced at $2.50 and its peers fairly valued at their current MCs.
Either WR1 is mispriced, and/or its peers are overvalued.
At the end of the day, it's the value of lithia that gets to market when the market wants it, that counts.
WR1 Chart, page-466
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 (20min delay)
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Last
54.8¢ |
Change
-0.023(3.95%) |
Mkt cap ! $118.9M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 54.5¢ | $120.4K | 217.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 70 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 9651 | 4 |
View Market Depth
| Last trade - 11.19am 01/10/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |