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Libstar (LBR) listed

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Valued Contributor

Libstar (LBR) listed

Listing price was 1250c, right at bottom of range and put it on PE of aroud 26x = very expensive ..

 

Trading today aroud 1200c but I think PE below 20x is a minimum (albeit still expensive) makes for 900c-950c entry price. That all said, I am not buying even at lower price.

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charlescs20
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Re: Libstar (LBR) listed

ANT REASON IMP IS DROPPING SO FAST.WHEN CAN ONE EXPECT TURN AROUND

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Valued Contributor

Re: Libstar (LBR) listed

short answer is that IMP is in serious trouble mining an uloved metal .. no reason to expect it to turn aroudn any time soon

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