LTR 5.46% 96.5¢ liontown resources limited

Ann: Change in substantial holding, page-23

  1. 206 Posts.
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    I’m not in LTR, but have been keeping an eye on what’s going on as I’m in other lithium stocks, I believe Gina would have been able to accumulate through cross trades, where the broker has a buyer and a seller at the same prices so the broker executes the trade. From my understanding, if Gina wanted to buy up 2m shares for $2.99, she would contact her broker, tell the broker she is happy to pay $2.99 for 2m shares, the broker would then contact a number of the brokers other clients who hold the stock to try and find 2m worth of stock that the clients are happy to sell at $2.99 and possibly let the clients know we have a buyer, whoever is happy to sell then sells to Gina through the broker as a cross trade.

    If my understanding is wrong, please correct me. Cheers
 
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Last
96.5¢
Change
0.050(5.46%)
Mkt cap ! $2.340B
Open High Low Value Volume
92.0¢ 98.0¢ 92.0¢ $15.00M 15.73M

Buyers (Bids)

No. Vol. Price($)
6 148095 96.0¢
 

Sellers (Offers)

Price($) Vol. No.
96.5¢ 275693 4
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
LTR (ASX) Chart
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