LTR 4.27% 78.5¢ liontown resources limited

Ann: Albemarle increases relevant interest in Liontown shares, page-178

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  1. 2,510 Posts.
    lightbulb Created with Sketch. 535
    How well do you think you know your LTR investment?

    One look at potential future dividends from LTR will make your head pop.

    The market will hopefully wake up to other Lithium producers like PLS who on their maiden dividend payment this month was 11 cents. PLS has recently been wallowing in the mid $3 range. The next PLS divvies later this year will be a lot higher than that.

    Compare that return to a blue chip like Telstra with a share price of $4.20 and a dividend of 8.5 cents, and they are a very mature old business literally just kicking the can down the road.

    Based on all we know to date LTR will be very profitable and those profits become dividends, resulting in a much higher price than $5. I’m in this stock as a vehicle to a dividend paying early retirement. $10 plus imo.

    Last edited by Jase71: 30/03/23
 
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Last
78.5¢
Change
-0.035(4.27%)
Mkt cap ! $1.903B
Open High Low Value Volume
82.5¢ 83.0¢ 78.0¢ $5.594M 6.969M

Buyers (Bids)

No. Vol. Price($)
23 364538 78.0¢
 

Sellers (Offers)

Price($) Vol. No.
79.0¢ 13253 1
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
LTR (ASX) Chart
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