Bell Potter have released a report today following yesterdays news.
Price Target $100 and a Buy rating.
Spod assumptions are $5,250 for FY23, $3,028 for FY24
Hydroxide are $67k for FY23, $50k for FY24
Lockyer Deep has been written down by $450mil in terms of its NPV value ($2 per share)
Not 20% as some other posters have suggested.
Bell Potter have released a report today following yesterdays...
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Last
$64.14 |
Change
-2.370(3.56%) |
Mkt cap ! $12.54B | |||
| Open | High | Low | Value | Volume |
| $66.14 | $66.25 | $63.80 | $63.36M | 984.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4197 | $64.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.42 | 2700 | 1 |
View Market Depth
| Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
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Last
$64.40 |
Change
-2.370 ( 3.40 %) |
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| Open | High | Low | Volume | ||
| $66.00 | $66.00 | $63.81 | 99695 | ||
| Last updated 15.59pm 12/06/2024 ? | |||||
| MIN (ASX) Chart |