One thing about the stock market - you have to expect the unexpected.
LTR's last Cap Raise was Dec 2021, it was done at $1.65.
Just goes to show the change in Lithium stock valuations from Dec 2021 to now, not just for LTR but all Li stocks.
Back in Dec 2021 Liontown was unfunded, had no Mining License, had not started construction etc etc
Today construction is half complete, yet the Placement is being done at only 15c more than back then.
Who'd have thought CXO would be at 35c having hit $1.87 prior to production
Lithium prices are down atm, EV sales very strong then there's ESS, the tables will eventually turn and Lithium will have another run.
If you're happy with the fundamentals, the rest is just noise.
Ann: Kathleen Valley Funding Package, page-172
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Last
97.0¢ |
Change
-0.030(3.00%) |
Mkt cap ! $2.352B | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.03 | 96.5¢ | $13.68M | 13.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 76446 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 50000 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |