No clue
just guessing
I think they may have offered $2.50 already which has been rejected aka alb
One thing im sure they want to start low ball friendly like the above, reasoning prices are still subdued. Ltr won’t buy it and gets on with the job
until it becomes clear they’d have to increase the offer or they risk Ltr closing the gap with pls and becomes too expensive for their liking. They’d have to do it. They want to supply India, and the latter is making big plans for its renewable sector
Yeap at some point Ltr has more chance of being taken over than thriving in its current structure
By the way
the first tonnage of Ltr will be critical. It will validate a premium grade - a premium grade for the next 25 years is a premium price for the next 25 years - always ahead of peers in profitability
If you look at the big companies in the same or similar sector , they have very differentprofitability profile. Alb has a bad profitability profile. Microsoft has a diff ebitda profile from its peers- point same sector, very diff profit %, Ltr to rise
Pls can thrive on increased prices, but a $176m last quarter just won’t sustain its current valuation, the market is expecting higher prices and success of their other initiatives to justify their current PE.
Ltr is starting from the bottom of the barrel
very low risk relative to its position
- Forums
- ASX - By Stock
- LTR
- Lithium Related Media Articles
Lithium Related Media Articles, page-21575
-
- There are more pages in this discussion • 3,150 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
78.0¢ |
Change
0.055(7.59%) |
Mkt cap ! $1.843B |
Open | High | Low | Value | Volume |
76.5¢ | 79.3¢ | 74.5¢ | $9.063M | 11.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 307490 | 77.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
78.5¢ | 84865 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 297754 | 0.775 |
17 | 691122 | 0.770 |
13 | 494757 | 0.765 |
15 | 884282 | 0.760 |
6 | 107561 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.780 | 84929 | 5 |
0.785 | 229484 | 24 |
0.790 | 279719 | 14 |
0.795 | 274497 | 19 |
0.800 | 832403 | 19 |
Last trade - 12.19pm 27/09/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |