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Community


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Online Share Trading

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Libstar (LBR) listed

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SimonPB
Valued Contributor

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.

3 REPLIES 3
charlescs20
New Contributor

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

SimonPB
Valued Contributor

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

Chocky
New Contributor

hi simon

have you any insight as to why spar shares are dropping so rapidly