LTR 1.55% 95.0¢ liontown resources limited

Ann: $52m Capital Raising to Accelerate Kathleen Valley Project, page-57

  1. 38 Posts.
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    Very impressed with how Liontown management have orchestrated this cap raise.Bigger players that have got in at the bargain price of 76c will be supporting the SP from now on in.I expect to see less 'tree shaking' for a while as those bigger players dont have to try and short squeeze the 'on market' shares now as have had ample opportunity to get in.Buy side on the Lion is 5 times the sell side which Ive never seen and bodes well for the near future.LSA/LTR Koojan news, while still early days, adds spice to the mix and helps the post cap raise recovery.In summary, Liontown management have nailed it!!
 
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98.0¢ $1.01 94.3¢ $14.14M 14.50M

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8 108494 94.5¢
 

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95.0¢ 129667 3
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