LTR 5.08% 93.5¢ liontown resources limited

ASX Today, page-38812

  1. 354 Posts.
    lightbulb Created with Sketch. 192
    My View:
    Either the shorters are Right
    or
    LTH are right.
    Certainly, one of us is wrong.
    personally I'm long
    so,
    I presume the shorters are also accumulators?
    Shorting a crap stock is a given, but shorting a world class resource coming into production,
    Hmm, that smacks of accumulation through desperation: FOMO.
    Shorting, That's all well and good if you're the first to reverse your position.
    Those that are trapped when the music stops will pay a high price,
    in what is likely to become an illiquid stock.
    Next week, PLS is restarting auctioning Spod. in a rising market.
    Pricing certainty; transparency. (he said hopefully)
    With Cu, Au & Ag also quite strong with rumoured shortages.
    I'm buying parcels in weakness, long may it continue.
    There comes a point where the compressed value, extreme pressure, of LTR will just explode,
    cosmic forces will take over, unstoppable.
    There are rumours that ESG is beginning to be factored into Li supply chains, (lets hope).

    remember

    Bears can make money
    Bulls can make money
    Pigs always get slaughtered

    There are a lot of pigs in LTR & PLS
    Bacon sangers anybody.

    your correspondent

    XanaX
 
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Last
93.5¢
Change
-0.050(5.08%)
Mkt cap ! $2.266B
Open High Low Value Volume
97.5¢ 97.5¢ 93.5¢ $49.48M 52.51M

Buyers (Bids)

No. Vol. Price($)
37 2797617 93.0¢
 

Sellers (Offers)

Price($) Vol. No.
94.0¢ 341986 5
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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