It was too high at $2.27 (the low range) bearing in mind that LTR before ALB bids was $1.48 (soon after lithium spot fall off the cliff aka, cxo, inr, pls, sya and ake) but ALB supported LTR $3.
The way I see it, discount should start from pre ALB bid price not at inflated (now artificial) ALB takeover vwap.
My last post as a holder of LTR
https://hotcopper.com.au/threads/ann-update-on-albemarle-proposal.7630742/page-128?post_id=70325317
I still have multi million share postions in INR, PLL, SYA, PLS, AKE and many others, so I have faith in lithium short, medium and long term, however today $2 LTR is fanciful. I am in shares to make money, not cheer on a company lol.
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-3046
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Last
96.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2020 | 99.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 5391 | 1 |
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| Last trade - 09.46am 12/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |
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