Big line of Liontown trades at $3 a share; fingers point to RinehartSarah Thompson, Kanika Sood and Emma RapaportSep 27, 2023 – 7.46pmSaveShareListen to this article1 minStockbroker Euroz Hartleys traded a line of 35.2 million shares in Liontown Resources after market close on Wednesday evening at $3 a share, with fingers pointing to Gina Rinehart as the buyer.Gina Rinehart wants a say at Liontown. The trade was worth $105.5 million and represented less than 2 per cent of the company. The choice of the broker and price paid – $3 is the same as Albemarle’s non-binding bid – suggested Rinehart was the buyer.Hancock would own about 13 per cent of Liontown Resources after Wednesday’s shopping.It has been buying more of the stock at $3 since September 11, including forking out more than $132 million for about 44 million shares on Monday. Hancock has said it wants a big say in the future of Liontown, while spelling out concerns about Liontown’s flagship Kathleen Valley project in the northern goldfields of Western Australia.Albemarle was granted four-week due diligence on September 11.
- Forums
- ASX - By Stock
- LTR
- Ann: Change in substantial holding
Ann: Change in substantial holding, page-16
-
-
- There are more pages in this discussion • 13 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
|
|||||
Last
71.5¢ |
Change
0.025(3.62%) |
Mkt cap ! $1.733B |
Open | High | Low | Value | Volume |
71.0¢ | 74.0¢ | 70.0¢ | $14.76M | 20.64M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 54130 | 71.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.5¢ | 216043 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54130 | 0.710 |
4 | 41713 | 0.705 |
28 | 487331 | 0.700 |
8 | 209684 | 0.695 |
18 | 316624 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.715 | 216043 | 9 |
0.720 | 153563 | 4 |
0.725 | 162942 | 5 |
0.730 | 110218 | 6 |
0.735 | 190461 | 6 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |