LTR 1.10% 90.0¢ liontown resources limited

New TA/Charting, page-14683

  1. 8,081 Posts.
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    A few people don’t understand shorting here.

    One of its key purposes is to ensure asset values do not get out of hand, which often leads to bubbles.

    LTR is a brilliant example of that.

    Receives a takeover offer at $3.00

    The offer is withdrawn, the underlying valuation metrics did not support $3.00 and so its falls to fair / market value.

    There were plenty of people calling $3.00+ valuations before the TO offer. If the SP had been allowed to be pumped un hindered with no shorters calling BS, then at some point a lot of people would have lost a lot of money with the subsequent drop when the market catches on the valuation is nonsense.



 
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Last
90.0¢
Change
-0.010(1.10%)
Mkt cap ! $2.182B
Open High Low Value Volume
92.0¢ 93.5¢ 89.5¢ $18.88M 20.76M

Buyers (Bids)

No. Vol. Price($)
23 1306184 90.0¢
 

Sellers (Offers)

Price($) Vol. No.
90.5¢ 74115 1
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
LTR (ASX) Chart
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