LTR 4.80% 59.5¢ liontown resources limited

Interesting comparison hoots. Being a high profile member your...

  1. 1,550 Posts.
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    Interesting comparison hoots. Being a high profile member your posts carry more weight than most.

    You know as well as I do why AVZ crashed and burned, and it had nothing to do with over zealous marketing. The sector fell off a cliff, the boss wanted out and dumped his shares on market (crashing support), the DRC comes with the full compliment of risks, they couldn't get the stuff to port economically etc etc

    Despite the sovereign and logistical risks, it ran to well over $1B (100% value). LTR is at about $75m EV @5c.

    ML was pumping incessantly on Twitter daily (hourly?), while employed by the company, providing resource numbers and price targets, as a defacto spokesman for AVZ. BSC, on the other hand, has issued a couple of reports with IMO reasonable price targets and resource estimates. That is what a broker report is, and there seems to be nothing unusual about it, as long as they disclose their relevant interests. Can you elaborate on your comparison or are you just mud slinging?

    IMO the ASX has stifled a justifiable re-rate, at the behest of who? Has a party sent a letter to them because they couldn't cap it to build a position before it re rates? If it was a COI disclosure issue that is understandable, otherwise it'd be nice to know, specifically, what was so offensive or unjustified about their targets that warranted the trading halt.

    All on HC appreciate your charting work, so please don't take this as an attack. Just looking for the substance behind your comparison, as you are obviously a well liked, respected and influential contributor.

    Cheers
    GBS
 
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Last
59.5¢
Change
-0.030(4.80%)
Mkt cap ! $1.442B
Open High Low Value Volume
62.0¢ 62.5¢ 59.0¢ $8.852M 14.66M

Buyers (Bids)

No. Vol. Price($)
17 212314 59.5¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 310624 8
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
LTR (ASX) Chart
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