LTR liontown resources limited

New TA/Charting, page-15849

  1. 1,532 Posts.
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    yes @slick, I think in retrospect you are largely correct, although there may have been an event and leak that prompted or started all of this as I don't accept the collusion theory because it is clearly illegal and they would want to be careful. Anyway, my main point is that a study of the trading charts for the period of trading and very high volume left two big instos with a surplus of around 23 and 24 million shares each at a buy in price that would have to be much higher than todays price and the recent prices with much lower volume. Perhaps their average price could easily be around mid to high 70s. So what are they going to do with that stock? I sense they are pretty confident that will off load them at a higher price or sell them into an event coming up. I don't think they were clumsily trapped in LTR with high volume in the 70s. Perhaps to increase shorts but why the urgency in buying and shorting LTR more at this price would be very dangerous now if the price of spod turns or there is another ALB/Gina event, besides if it were to short why buy higher than they had to?
 
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(20min delay)
Last
69.0¢
Change
0.025(3.76%)
Mkt cap ! $1.682B
Open High Low Value Volume
67.0¢ 73.0¢ 67.0¢ $10.87M 15.51M

Buyers (Bids)

No. Vol. Price($)
3 43145 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
69.5¢ 148912 5
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
LTR (ASX) Chart
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