LTR 6.29% 67.0¢ liontown resources limited

ASX Today, page-38248

  1. 34,339 Posts.
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    If dropped out of ASX100, it’ll be still in ASX200, I don’t expect much selling pressure from index funds.
    Share price will be closely linked to lithium price movements. I think lithium price will be up substantially over coming weeks.

    P.S According to a flashnote from Macquarie this morning, China is experiencing unexpectedly strong battery production this March. Reports indicate a surge of 70-80% compared to February, with capacity utilization potentially exceeding 70%.
 
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