Some might think $8.34 is very overly optimistic despite the logic provided by VMP in its calculation based on current valuations. However, it's worth pointing out that the current valuations used by VMP do not allow for the fact that SP's are currently being held down severely by both shorters and deflated lithium prices (which are expected to continue increasing very significantly over coming months because of demand/supply).
When both these negative influences are behind in the rear vision mirrors of LTR and the companies LTR is being compared to, just imagine what sort of market caps and share values might be factual then? The $8.34 might simply become a base for LTR's SP during 2024/25? Best to remain optimistic and open in the current climate imo. GLTAH
THE COUNT DOWN: Liontown crushes first ore at Kathleen Valley!, page-92
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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 |