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1.44%

$1.03 liontown resources limited

Compelling reward/risk ratio, page-5

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thesunny123

2,329 Posts.

219

17/11/23

11:10

Post #: 70958804
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Originally posted by CastawayGS: ↑

Excellent post 8horse. Well considered and laid out to easily understand. Having worked in the mining/oil & gas sector for a few decades, here and overseas I am well experienced in the boom and bust cycles. The trick, is to pick the troughs and peaks when investing (obviously). It's a Warren Buffet sought of thing. Why people think in a trough that it will never get any better always amazes me. People posting on HC that... 'We will never see $3 again', like they can predict the future, and that somehow this commodity won't be cyclical. Wow... have a look at some historical commodity graphs why don't you.
I learnt a great lesson in 2008, where I watched everything crash and thought I should start investing but was too scared too. I didn't repeat that mistake in April 2020. Bought a whole lot of stock, expecting a slow recovery and was very pleasantly surprised. Trust your judgement, back long term trends in technology and the economy, and the commodities that support them...and back companies with solid management who have personally invested and are pushing to move projects forward. Can you think of a company like that? That to me is a recipe for success!

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exactly I have just added 80000 shares

all the best everyone

LTR Price at posting: $1.47 Sentiment: Buy Disclosure: Held
17 Upvote

0 Great analysis

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(20min delay)
Last $1.03		Change -0.015(1.44%)		Mkt cap ! $2.466B

Open	High	Low	Value	Volume
$1.04	$1.04	$1.01	$2.918M	2.860M

Buyers (Bids)

No.	Vol.	Price($)
9	32561	$1.02

Sellers (Offers)

Price($)	Vol.	No.
$1.03	97351	18

View Market Depth

No.	Vol.	Price($)
21	75695	1.015
17	208312	1.010
27	280750	1.005
100	766947	1.000
14	164230	0.995

Price($)	Vol.	No.
1.020	27662	3
1.025	103535	17
1.030	105065	10
1.035	101696	6
1.040	55073	3

Last trade - 10.57am 17/06/2024 (20 minute delay)


Last $1.02			Change -0.015 ( 2.96 %)
Open	High		Low	Volume
$1.04	$1.04		$1.01	699143
Last updated 11.18am 17/06/2024 ?

LTR (ASX) Chart