LTR 6.76% 79.0¢ liontown resources limited

ASX Today, page-36072

  1. 1,375 Posts.
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    Nice summary…

    Even the big boys get it wrong occasionally eh? Six months ago, after protracted, behind the scenes negotiations, ALB were willing to pay $3 a share for LTR. Fast forward six months and they are selling their stake for what? $1.25 or thereabouts? I suspect they are close to break even or maybe a small loss on the sale…

    From a large player in the Lithium field, which I would assume takes a longer term view than most posters on HC these days, it sure looks to me like they were buyers closer to the top of the market and are sellers closer to the bottom…imho…

    Remind me never to invest in ALB…
 
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