LTR 2.99% 65.0¢ liontown resources limited

ASX Today, page-28906

  1. 6,597 Posts.
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    I disagree. The SP's of all lithium companies are no longer a measure of correct worth or capitalisation due to the shorting & manipulation going on everywhere. So no reason for SP to return to former artificial levels. However, what the ALB offers have now provided is a new base for the LTR SP, as the >$2.50 bid demonstrates that ALB figure LTR is worth more than that figure. So even if ALB cease bidding and depart, one might expect the worst scenario is SP to drop from $2.76 to $2.50+. Only a 9% drop and certainly nothing like your 40% FUD claim. To further strengthen the case for the LTR SP to massively increase despite any ABL withdrawal, there is all the expected LTR news to be announced between now including the SAG mill, Buldania, DSO funding, Olympia, more OT's and very likely more TO bids from others who now know that less than $3 wont cut it with the BOD or holders.
 
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