The way I look at it everything (as in all commodity stocks) depends on the price of that commodity. If the Li price remains in the doldrums LTR could face the first two years of operation running at a loss. Why would anyone especially Gina want to pay $3 a share in that case? It's no fun mining when you run at a loss --just ask Core Lithium. This could go either way.
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Last
$1.29 |
Change
-0.045(3.38%) |
Mkt cap ! $3.115B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.34 | $1.28 | $6.446M | 4.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 185188 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 83057 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
-0.045 ( 2.99 %) |
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| Open | High | Low | Volume | ||
| $1.34 | $1.34 | $1.28 | 1548931 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| LTR (ASX) Chart |