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92.0¢ liontown resources limited

RIO can't afford us, really??

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Spec_hope

9,075 Posts.

793

17/10/22

12:15

Post #: 64233202
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Originally posted by DaisyA: ↑

100% agree @Kikker1959 but what this story has done is focus the market on whether they can wait any longer to invest seriously in LTR or can they afford to just keep trading and manipulating the SP. I have been waiting for the financial press to mention a rumour like this for months because where there is smoke there is fire and this has put all the focus on all the points you make. If Rio or any other big corporate is serious about a M&A in Australian lithium (because they missed the boat early) then LTR is top of the list and this will ensure that all those factors get priced in, as they should be. Rio cannot afford us but all I want is for the market to think they may have a go. Shorters cannot operate in that type of market until the SP settles much much higher and will leave and be replaced by serious investors, which may be what we are seeing the start of now.

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RIO can't afford us, really??

LTR Price at posting: $1.73 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 92.0¢		Change 0.030(3.37%)		Mkt cap ! $2.231B

Open	High	Low	Value	Volume
89.0¢	92.0¢	87.0¢	$8.589M	9.604M

Buyers (Bids)

No.	Vol.	Price($)
1	11000	91.5¢

Sellers (Offers)

Price($)	Vol.	No.
92.0¢	458346	27

View Market Depth

No.	Vol.	Price($)
1	11000	0.915
5	51200	0.910
2	47000	0.905
3	75046	0.900
3	769612	0.895

Price($)	Vol.	No.
0.920	458346	27
0.925	21700	3
0.930	308967	11
0.935	55529	4
0.940	331922	8

Last trade - 16.10pm 28/10/2024 (20 minute delay)

LTR (ASX) Chart