You might be right but it doesn’t mean I’d sell too.
Give this stock another 12 months. A Takeover scenario is almost inevitable with the desirability of the deposit which has been discussed extensively. That’s how soon real value is realised for current holders. The handwriting on the wall is still there, it won’t take an MBA to see. Ltr likely to remain uncommitted until mid 2020, and likely to have 150MT combined resource.
-Rio, fmg are looking for lithium and what they’ve found is that it’s not that easy to find
-tianqi, Albemarle, ganfeng all seem still very hungry
-POSCO, lg Chem, Mitsubishi, Toyota, Samsung, Tesla would be looking to shore up their supply
ASX Today, page-223
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Last
71.5¢ |
Change
0.025(3.62%) |
Mkt cap ! $1.733B | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 74.0¢ | 70.0¢ | $14.76M | 20.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54130 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 216043 | 9 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |