For LTR shareholders - management not having any price floor mechanism in place for all of its offtakes is like a person driving a car on an unfamiliar road with all the kids in the back - with none of them wearing seatbelts.
You plan for the worst that can happen - put mitigation strategies in place and aim for the best case.
I can see why LG was such a rush job and the banks pulled their finance.
Reckless at best - this deserves to be sub 50c
DYOR IMO
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Last
77.0¢ |
Change
-0.025(3.14%) |
Mkt cap ! $1.867B | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 79.5¢ | 77.0¢ | $5.842M | 7.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48269 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 990 | 1 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |