LTR 4.80% 59.5¢ liontown resources limited

New TA/Charting, page-1631

  1. 1,363 Posts.
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    Those that are genuine sellers here, not many I suspect, are driven by fear @Othala. Plain fear. As I have said several times, this is KDR version 2. Manipulation occurred there and similar large inexplicable price drops occurred there also. KDR still rewarded those with courage. Those who succumbed to fear missed out. Remember that with LTR nothing is actually proven yet other than 75Mt for KV and 15Mt for Buldania. We think we have great management, we believe that the increased MRE for KV will be at least 125Mt and possibly 150Mt or even more, we assume that the PFS will be very positive, we know that Lithium is turning around but we don't know the exact timetable, we have good reason to believe that LTR will be wanted by major players which will generate a strong T/O or a strong JV BUT nothing is proven yet. Everything we value LTR by is just by comparison, common sense, patterns and experience, but it is still not 100% proven. So those that want to buy the share cheaply can still play with it and fear of the unknown drives some shareholders, but not the big ones, or the intelligent ones, or the brave ones, into their trap. My recommendation is to drink good wine and eat good food while you wait for the hammer to drop. If you start to doubt yourself read some of @anatol old posts, or @mickvp25 or @vmp or some of the others, that might help remind you of why we are all here. The price may have more to drop but the SP is a fragile thing at the moment and as soon as the market smells proof the rush will be on. Enjoy yourself in the meantime, buy some more if you can, and remember that TG and family and the directors are up to their ears in shares and recently bought much higher than this. KDR didn't have that.
 
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Last
59.5¢
Change
-0.030(4.80%)
Mkt cap ! $1.442B
Open High Low Value Volume
62.0¢ 62.5¢ 59.0¢ $8.852M 14.66M

Buyers (Bids)

No. Vol. Price($)
17 212314 59.5¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 310624 8
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
LTR (ASX) Chart
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