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5.18%

91.5¢ liontown resources limited

Ann: Ceasing to be a substantial holder, page-29

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Kikker1959

10,638 Posts.

4354

17/02/23

10:38

Post #: 66304900
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Originally posted by Batman0480 ↑

Is that like when the shorts bet against Tesla and lost billions? Is that what you mean? Just because someone goes short doesn't mean they are right. It's been proven time and time again. It's looking more and more shakey for them at LTR that's for sure. The price going down a little lately is all because of massive shorting. It doesn't take a genius to see what is happening. Remember 180 million LTR shares HAVE to be bought back. LTR getting stronger and stronger. All attempts to scare holders into selling has failed and hundreds of millions of dollars will have to spent buying LTR. What do you think the odds are of it going up? Investors that have followed LTR for a long time know what that will be. The writing is on the wall. Numbers are starting to come out and it isn't looking good for the short side. Scary time to hold a short position with unlimited loss potential and not being able to cover because so many shares have to be bought and no sellers.

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LGChem taking a 5% position in PLL. We can expect long positions to be taken by Chem and motor vehicles coy's more and more. In LTR case that will make the balance of SOI very tight and any shorting will then become futile. IMO

LTR Price at posting: $1.37 Sentiment: Buy Disclosure: Held
11 Upvote

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(20min delay)
Last 91.5¢		Change -0.050(5.18%)		Mkt cap ! $2.218B

Open	High	Low	Value	Volume
96.0¢	96.5¢	91.3¢	$11.73M	12.49M

Buyers (Bids)

No.	Vol.	Price($)
11	207368	91.5¢

Sellers (Offers)

Price($)	Vol.	No.
92.0¢	15000	1

View Market Depth

No.	Vol.	Price($)
11	207368	0.915
18	575658	0.910
16	234766	0.905
58	579288	0.900
8	134835	0.895

Price($)	Vol.	No.
0.920	15000	1
0.925	11276	1
0.930	85437	3
0.935	20000	1
0.940	20000	1

Last trade - 16.10pm 25/07/2024 (20 minute delay)

LTR (ASX) Chart