LTR 8.45% 65.0¢ liontown resources limited

ASX Today, page-43577

  1. 3,117 Posts.
    lightbulb Created with Sketch. 1423
    The only time i've seen stocks like this go down for seemingly no reason compared to their peers is an upcoming cap raising.

    I looked at the balance sheet myself. $100M cash is not much for such a large business and I'm not sure what they intend to use the LG $250M convertible bonds for?. If they don't plan to use it for sustaining capital then I think a cap raise is quite likely.

    I thought 80 cents was a bargain recently - boy how wrong I was unfortunately.

    This is a gold opportunity for Gina to own a good asset for low to mid $1's if she has belief in the long-term outlook??.
 
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Last
65.0¢
Change
-0.060(8.45%)
Mkt cap ! $1.576B
Open High Low Value Volume
70.5¢ 71.0¢ 65.0¢ $9.671M 14.35M

Buyers (Bids)

No. Vol. Price($)
21 595095 65.0¢
 

Sellers (Offers)

Price($) Vol. No.
65.5¢ 40000 1
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Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
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