It only tells me that Albermale is very hungry and desperate to get LTR. Wouldn't surprise to see the holding ticking up for the next few days, and the SP rising concurrently.
I wouldn't be surprised that other relevant parties are also building up a stake by gathering various small insto parcels to launch hopefully a TO bid.
I can only think of those in the camps of RIO, WES, BHP or even one of the top 5 lithium producers in the world e.g. SQM, Ganfeng or MIN are running the ruler over this.
Only happy days ahead - IMO there will likely be at least 1 more suitor coming and Albermale can just kiss my @rse with that petty bid.
Hold on tight to your shares, more sparkles ahead north of $3.
Ann: Albemarle increases relevant interest in Liontown shares, page-21
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Last
59.5¢ |
Change
-0.030(4.80%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.5¢ | 59.0¢ | $8.852M | 14.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 212314 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 310624 | 8 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |