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4.27%

78.5¢ liontown resources limited

Ann: Prospectus - Minerals 260 Limited, page-147

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bubsmark

10,664 Posts.

602

12/09/21

19:10

Post #: 56004917
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Originally posted by TrayonRanger ↑

"1. Some $75 billion has just been unleashed onto the market in the form of dividends from the banking an iron ore sector. That money is now looking for a new home. "

And that from one source whose holders would be relatively in the know regarding battery metals - or at least Greening the Globe;

"On the ASX, Fortescue did the major damage as expected, going ex-dividend for its biggest ever payout to shareholders of $2.11 per share, to be doled out..."

I think that broke my calculator, but let's put that into perspective; FMG SOI;

$2.11 x 3 078 964 918 = $6.5 billion roughly.

That's just for FMG alone!

"When this finally happens and we are watercooler discussion fodder we have arrived."

Well, I know of at least one place this is happening, but would be telling tales out of school, so I bite my tongue. lol

Sorry, but had to fine you a GA for this post.

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Some $2 billion of that goes straight to Twiggy and another billion to other major holders.

Still leaves a lot to be invested elsewhere, like LTR.

LTR Price at posting: $1.13 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 78.5¢		Change -0.035(4.27%)		Mkt cap ! $1.903B

Open	High	Low	Value	Volume
82.5¢	83.0¢	78.0¢	$5.594M	6.969M

Buyers (Bids)

No.	Vol.	Price($)
23	364538	78.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.0¢	13253	1

View Market Depth

No.	Vol.	Price($)
23	364538	0.780
14	199182	0.775
24	376030	0.770
5	89559	0.765
12	84419	0.760

Price($)	Vol.	No.
0.795	31800	3
0.800	269000	7
0.805	119697	4
0.810	61200	3
0.815	98280	4

Last trade - 16.10pm 06/11/2024 (20 minute delay)

LTR (ASX) Chart