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torrita

1,057 Posts.

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08/02/24

15:30

Post #: 72307001
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Originally posted by 8horse: ↑

Twiggy/FMG bought AGO at 4c/share, sold some at 4.2c, the remaining at 4.6c, total profit was around $6.7m.

Those alleged Gina brought down AGO, was non sense. AGO share price crashed, completely due to falling iron ore price and unable to serve their debt. I thought their break even price was around US$50-60/t. So when iron ore price dropped to US$39/t, they were on the verge of bankruptcy. Their share price dropped to 0.9c.

Chris/MIN made a first move, made a scrip to scrip takeover at 1.9c/share (59% premium).

FMG bought at 4c;

Gina started to buy at around 3.5c;

Gina made a bid for 4.2c/share; increased to 4.6c/share.

Gina was the highest bidder.

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It certainly fell from great heights of 2011.
Fluctuations in the Aussie dollar didn't help either.
Hit $1.10 in 2011

LTR Price at posting: $1.00 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
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

No.	Vol.	Price($)
11	177129	1.280
15	227257	1.275
14	166887	1.270
5	73937	1.265
9	74311	1.260

Price($)	Vol.	No.
1.290	11103	2
1.295	34900	2
1.300	71652	3
1.305	103200	5
1.310	22000	1

Last trade - 16.10pm 04/06/2024 (20 minute delay)


Last $1.29			Change -0.045 ( 2.99 %)
Open	High		Low	Volume
$1.34	$1.34		$1.28	1548931
Last updated 15.59pm 04/06/2024 ?

LTR (ASX) Chart