LTR 4.48% 96.0¢ liontown resources limited

New TA/Charting, page-4803

  1. 1,500 Posts.
    lightbulb Created with Sketch. 377
    relative newbie to investing but liontown were one of my first investments. Seen it rise four- fold since my initial investment, but only recently started to invest serious money. I’m now balls deep in Ltr and some other speccy stocks around the moora region.

    Observations thus far is that Ltr management seem so astute relative to other speccy stocks that I’ve dabbled in. Clear focus, aware of limitations, and enviable experience. The fact that they keep buying, especially in the current market, suggests they know what they have and don’t feel the need to make phoney announcements to budge the share price.

    my thoughts on a post card are that they are currently working with a number of potential suitors to assist with an investment decision. There was talk some time back of bhp and rio wanting to join the lithium space, but the market conditions weren’t right.

    https://www.ltresources.com.au/sites/default/files/news_file/bhp-joins-rio-keeping-close-watch-lithium-livewire-m.pdf

    there has been a material change in the lithium space since that article was written.

    other aspects that increase speculation...

    the new ceo (ex- bhp) can only add fuel to the fire with talk of a de-merger further stoking the flames. DR also talked about speeding up the dfs, which I assume is to assist a potential purchaser with their investment decision.

    it’s all quiet on the western front, however I share the sentiment that now is the time to invest, as patience will ultimately be rewarded.

    all opinion and speculation.


 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
96.0¢
Change
-0.045(4.48%)
Mkt cap ! $2.328B
Open High Low Value Volume
99.0¢ $1.02 95.5¢ $12.30M 12.53M

Buyers (Bids)

No. Vol. Price($)
7 73560 96.0¢
 

Sellers (Offers)

Price($) Vol. No.
96.5¢ 10309 2
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.