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.
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Last
96.5¢ |
Change
0.035(3.76%) |
Mkt cap ! $2.340B |
Open | High | Low | Value | Volume |
95.5¢ | 98.0¢ | 94.0¢ | $13.99M | 14.56M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 245349 | 96.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.0¢ | 330617 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 19463 | 0.960 |
10 | 125369 | 0.955 |
17 | 504388 | 0.950 |
6 | 141608 | 0.945 |
12 | 70167 | 0.940 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 330617 | 9 |
0.975 | 255852 | 13 |
0.980 | 454761 | 26 |
0.985 | 111068 | 6 |
0.990 | 388282 | 10 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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