LRL 0.00% 1.2¢ leyshon resources limited

Super-cala-fraja-expe-alla-cheapness!

  1. 221 Posts.
    Some interesting value on LRL from comsec:
    P/E of 1.2, 1/13 of the sector average.
    P/B of 0.24, 1/6 of the sector average.
    No long term debt.

    Also NEM has become a substantial holder in April. Take-over possibility?

    Btw, my Mr Simpleton analysis of LRL doesn't go past the financials.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.