Shorters lost nearly $200 million on Ltr alone when the TO offer was received
Any TO launch has to be $3 to have a chance - as Ltr at the cusp of production
Thats a minimum of $380m risk for current shorters ($1.75 x 217 m shares)
that’s an entire Sydney suburb worth 380 homes to be lost at $1m each
The register I think has tightened with more buys from holders who sold at $3 and existing holders who topped up with six figures, looking to hold until production and/or takeover
Ltr is touted as the most compelling tier 1 TO target by observers in the sector.
Gina has not requested a board seat until now - her team is getting regular update from the project.
A green day today
lithium prices improving, supply forecast changing rapidly, heaps of phone calls in the queue for uncommitted KV tonnage - LG was at the site, they need the product with their huge expansion, they’ll support Ltr imo it’s in their business best interest
If I were a small time shorter I’d close my position and avoid losing sleep of heart attack or losing my home. I wouldn’t want to join a naked photo shoot at Kathleen’s corner. Ltr about to ann a flurry of Ann’s to commission the best lithium project the worlds ever seen (60% renewables) and it’s coming from a basement valuation currently 1/4 of its closest peer.
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Last
91.0¢ |
Change
-0.025(2.67%) |
Mkt cap ! $2.206B |
Open | High | Low | Value | Volume |
94.0¢ | 94.5¢ | 89.0¢ | $26.52M | 29.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 38516 | 91.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
91.5¢ | 319359 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15849 | 0.910 |
4 | 49965 | 0.905 |
14 | 457064 | 0.900 |
9 | 523497 | 0.895 |
28 | 349199 | 0.890 |
Price($) | Vol. | No. |
---|---|---|
0.915 | 97606 | 3 |
0.920 | 286694 | 12 |
0.925 | 75678 | 2 |
0.930 | 358226 | 11 |
0.935 | 43006 | 3 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
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