ASX Today, page-36319

@trent3727
”Most of the holders are only going to hold if the price is heading up.”

Strange investment strategy to sell if the price is dropping and only buy or hold when it’s going up. Panic sellers with inexperience may sell out of fear of losing more, or some investors who really need the funding, so not wanting to take the chance they get out now to use that needed funding. They are the only ones IMO who are keen to sell LTR as the price drops.

I cannot see however, that ‘most’ holders as you say adopt this strategy. A great deal of holders of LTR have been holding for a very long time, so why panic now, given they are so confident it is just moments away from full production? Nah, not likely.

Anyway we’ll see where this all ends. I’ll stick with my view that it might be volatile for a bit, but then the burners will be lit and shorts will need to be covered or hold out and keep paying that interest on their loans. I’ll see you in a few weeks or less, at $2. IMO