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95.5¢ liontown resources limited

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Token83

1,491 Posts.

172

14/11/23

01:51

Post #: 70879637
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forgot to mention this is a 99.98% lottery ticket for me, but when it fires it will fire hard

so yea back to LTR

Originally posted by rookstar: ↑

Thanks for sending the release, i dont really understane why the company secretary wrote it, i would of thought the chair or that ho bloke could have done it.

I dont own the shares no and dont plan to.
I read the annual report briefly and didnt like what i saw.

$10 mill mc and over 2 bill soi and thats not including the options that lapse over 24 month period.

The company doesnt have much money and is trying to do lithium in the usa and at the same time rare earths on that tenement.

$56 mill in accumulated losses too.

Rare earths and lithium drilling at the same time is expensive and the directors will be coming back to market for more cash.

Your company to be honest is staring down the barrel of a share consolidation program.

I dont want to put you off your investment, but its not for me.

To be honest, i think that company should pick 1 project and focus on that as opposed to running themselves too thin.

Please keep in mind i only spent 15-20 mins looking at the annual report and the recent quarterly.

Good luck though.

Rooks

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LTR Price at posting: $1.48 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 95.5¢		Change -0.015(1.55%)		Mkt cap ! $2.315B

Open	High	Low	Value	Volume
97.0¢	97.5¢	94.5¢	$12.43M	12.97M

Buyers (Bids)

No.	Vol.	Price($)
5	81419	95.5¢

Sellers (Offers)

Price($)	Vol.	No.
96.5¢	3225	1

View Market Depth

No.	Vol.	Price($)
4	56096	0.955
8	218757	0.950
16	181520	0.945
18	424443	0.940
3	23549	0.935

Price($)	Vol.	No.
0.965	3225	1
0.970	43500	4
0.975	24929	3
0.985	85000	2
0.990	74447	6

Last trade - 16.10pm 16/07/2024 (20 minute delay)

LTR (ASX) Chart