Exactly!
LTR are a decade off and multiple billion dollars off getting to the pinnacle a "lithium hydroxide plant" (mentioned in annual report)
WES joint venture with SQM "https://www.covalentlithium.com/refinery" is still 2 years away even with all the resources and cash available of both organisations.
LTR BOD obviously believed $3 was a fair price to sell which in reality means "above market"
I believe the price will absolutely tank, ALB withdrawal, share dilution for future funding, GR factor and ALB wanting to sell their 4% stake.
I would think that the BOD and GR relationship would be a bit frosty and I would expect multiple board changes over the next little while.
I also believe GR knew she was going to pay above and was prepared to do so for 19% share. Her next purchase will be at a significantly less share price bringing down her average considerably ! I believe GR will acquire LTR over a very very very long and painful period for shareholders.
The above is In My Honest Opinion
DYOR
- Forums
- ASX - By Stock
- Ann: Albemarle and Liontown not proceeding with proposed scheme
Exactly! LTR are a decade off and multiple billion dollars off...
-
- There are more pages in this discussion • 252 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
92.5¢ |
Change
-0.005(0.54%) |
Mkt cap ! $2.242B |
Open | High | Low | Value | Volume |
95.0¢ | 96.5¢ | 89.3¢ | $31.30M | 34.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 220304 | 92.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
92.5¢ | 159716 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 150822 | 0.920 |
11 | 229358 | 0.915 |
43 | 925544 | 0.910 |
12 | 261920 | 0.905 |
28 | 956444 | 0.900 |
Price($) | Vol. | No. |
---|---|---|
0.925 | 500 | 1 |
0.930 | 185760 | 11 |
0.935 | 180632 | 3 |
0.940 | 246270 | 6 |
0.945 | 81400 | 5 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |