LTR 2.45% 83.5¢ liontown resources limited

ASX Today, page-43577

  1. 3,150 Posts.
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    The only time i've seen stocks like this go down for seemingly no reason compared to their peers is an upcoming cap raising.

    I looked at the balance sheet myself. $100M cash is not much for such a large business and I'm not sure what they intend to use the LG $250M convertible bonds for?. If they don't plan to use it for sustaining capital then I think a cap raise is quite likely.

    I thought 80 cents was a bargain recently - boy how wrong I was unfortunately.

    This is a gold opportunity for Gina to own a good asset for low to mid $1's if she has belief in the long-term outlook??.
 
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Last
83.5¢
Change
0.020(2.45%)
Mkt cap ! $2.024B
Open High Low Value Volume
82.0¢ 85.0¢ 81.5¢ $9.483M 11.34M

Buyers (Bids)

No. Vol. Price($)
3 31655 83.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.5¢ 60687 8
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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