LTR 5.46% 96.5¢ liontown resources limited

I’m not in LTR, but have been keeping an eye on what’s going on...

  1. 206 Posts.
    lightbulb Created with Sketch. 174
    I’m not in LTR, but have been keeping an eye on what’s going on as I’m in other lithium stocks, I believe Gina would have been able to accumulate through cross trades, where the broker has a buyer and a seller at the same prices so the broker executes the trade. From my understanding, if Gina wanted to buy up 2m shares for $2.99, she would contact her broker, tell the broker she is happy to pay $2.99 for 2m shares, the broker would then contact a number of the brokers other clients who hold the stock to try and find 2m worth of stock that the clients are happy to sell at $2.99 and possibly let the clients know we have a buyer, whoever is happy to sell then sells to Gina through the broker as a cross trade.

    If my understanding is wrong, please correct me. Cheers
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
96.5¢
Change
0.050(5.46%)
Mkt cap ! $2.340B
Open High Low Value Volume
92.0¢ 98.0¢ 92.0¢ $15.00M 15.73M

Buyers (Bids)

No. Vol. Price($)
6 148095 96.0¢
 

Sellers (Offers)

Price($) Vol. No.
96.5¢ 275693 4
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.