LTR 3.90% 74.0¢ liontown resources limited

Ann: Appointment of Chief Financial Officer, page-93

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,386 Posts.
    lightbulb Created with Sketch. 345
    Ok - so why now for a CR?

    I’ve touched on it before - it depends on wether you think ALB will make another offer or not.

    If no - IMO the SP is overheated (it’s only where it is because of the offer) and IMO will return to a lower level. Any future news will have to be astoundingly good to get it back up to this level should the SP drop. Not saying it won’t get there but it will take time.

    So if there is any future requirement for Capital (my interpretation of the LTR Presso says there will be by end 2023). CR now, lock it in and it’s money in the bank. Or don’t raise now, SP retreats and you CR at a lower level when you do need capital.

    DYOR IMO




 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
74.0¢
Change
-0.030(3.90%)
Mkt cap ! $1.794B
Open High Low Value Volume
77.0¢ 77.0¢ 73.5¢ $12.03M 16.10M

Buyers (Bids)

No. Vol. Price($)
6 339920 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
74.5¢ 109036 6
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.