LTR 0.00% 83.5¢ liontown resources limited

Ann: Becoming a substantial holder, page-21

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  1. 10,688 Posts.
    lightbulb Created with Sketch. 2868
    Looks like JPM organised a large scale borrowing of LTR shares for shorters on their books.

    So the shorters have already sold, and along with the sale of Albemarle stock has put a large down pressure on the SP. I wonder if Albemarle is itself one of the shorters ??

    If that thesis is correct and shorters have already sold then today's fall is as a result of that news hitting the market, and a bit of panic - what's needed now (for retail and smallish prof. holders) is someone to hop in and buy at these depressed prices and put the shorters to the sword in a short squeeze.

    Interested to hear comment - but anyway my sentiment is still BUY.

    DYOR, not advice.
 
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Last
83.5¢
Change
0.000(0.00%)
Mkt cap ! $2.024B
Open High Low Value Volume
83.5¢ 85.0¢ 80.0¢ $12.15M 14.71M

Buyers (Bids)

No. Vol. Price($)
7 263169 82.5¢
 

Sellers (Offers)

Price($) Vol. No.
83.5¢ 338091 8
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Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
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