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91.5¢ liontown resources limited

Summarized: (long-term) shareholders should not take any...

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ChocolateTeapot

378 Posts.

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13/10/23

18:34

Post #: 70335764
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Originally posted by DaisyA: ↑

Yep, 100%, great post Kikker. So if there is no superior proposal we are back in the mining game and old Gina is herself blocked by TG and friends who control at least 30% and probably more. We then have a stalemate, and Gina may then try to get on the board but will be rebuffed IMO by TG and his supporters who will block it. I will vote against it. So we, and the SP, are then back in the situation we were immediately before the Board supported the ALB $3 offer, namely we are going mining which is what most here wanted. If you are a trader then I have no idea, if you are a LTH then good news. Just follow TG and TO. TG's blocking stake will prevent any shenanigans here by Gina. The only course is for ALB, Gina or a Gina JV to pay up much higher than $3 or we are going mining. I am in no rush. Been here since 8c. An increase in the spot price will help accelerate our SP as Kicker says.

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Summarized: (long-term) shareholders should not take any action.
I'm of the same view, TG and his team have been steadfast that they have skin in the game with LTH.

Holding and will accumulate as these choppy conditions allow.

LTR Price at posting: $2.79 Sentiment: Buy Disclosure: Held
40 Upvote

3 Great analysis

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Last 91.5¢		Change -0.050(5.18%)		Mkt cap ! $2.218B

Open	High	Low	Value	Volume
96.0¢	96.5¢	91.3¢	$11.73M	12.49M

Buyers (Bids)

No.	Vol.	Price($)
11	207368	91.5¢

Sellers (Offers)

Price($)	Vol.	No.
92.0¢	15000	1

View Market Depth

No.	Vol.	Price($)
11	207368	0.915
18	575658	0.910
16	234766	0.905
58	579288	0.900
8	134835	0.895

Price($)	Vol.	No.
0.920	15000	1
0.925	11276	1
0.930	85437	3
0.935	20000	1
0.940	20000	1

Last trade - 16.10pm 25/07/2024 (20 minute delay)

LTR (ASX) Chart