LTR 1.28% 79.0¢ liontown resources limited

Ann: Quarterly Activities and Cashflow Report, page-62

  1. 23,907 Posts.
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    So it’s a Twiggy TO now?

    Well we’d better hope he hurries up coz Volkswagen are out and one poster here has been pumping Tesla til the cows come home but we know that’s fantasy. They’re falling like flies! lol

    I saw a post saying Oz EV sales have tripled lol. Yup, they’re now at 0.6% of all car sales.....global demand is shot courtesy of Corona virus, wait until 2nd quarter earnings are out in July to confirm the depth of this recession.

    I look forward to an updated global EV forecast.

    Why do people persist with this TO nonsense?

    Shareholders aren’t going to approve a TO in these uncertain times no matter how big a bargain it seems......and according to posters here LTR isn’t for sale for less than $1.00, one ouster says 85 cents to 96 cents if we wait until early next year.

    We’re not selling cheaply and no-one’s buying anyway

    The ‘new find’ is a good distraction from the main event.

    TG said take a long term view, that was prior to the Corona virus. Just add a couple of years onto that and adjust the demand for EV’s downwards. No-one is coming out of this unscathed.

    Last edited by Bunn-Wackett: 01/05/20
 
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