LTR 1.66% 89.0¢ liontown resources limited

Ann: Albemarle and Liontown not proceeding with proposed scheme, page-72

  1. 9,496 Posts.
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    LTR on the day prior to the ALB news (24th March) was trading at $1.50

    If you look at other Li companies since 24th March to now:

    PLS is up ~20%
    MIN is well down
    CXO is off a cliff
    SYA is off a cliff

    Hard to imagine LTR is going anywhere except straight back to somewhere near $2.

    There is also a 45 cent gap from $2 to $1.55.

    Shorters win.
 
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