LTR 2.47% 79.0¢ liontown resources limited

ASX Today, page-38368

  1. 1,538 Posts.
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    @aardee
    The only affect I can see Gina having on LTR right now in March, is if she makes an offer. That will be a positive affect IMO. Any low offer would now be laughed at as everything appears to be pointing to LTR’s SP heading north all by itself. The negative Gina affect will dissipate and weaken more and more the closer LTR gets to production. If she makes an offer in March, the SP will head well north of $2 regardless of how much her offer is, as everybody will be expecting the offers to climb in value. She could still get LTR at something lower than we all really want, but her ability to do so will weaken drastically.

    Which kind of makes us all unsure I guess as to what exactly her motive is. Anybody’s guess right now.
    Last edited by Gajet: 01/03/24
 
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