LTR 2.16% 90.5¢ liontown resources limited

Interesting point about “management”.IMO Good management is...

  1. 2,222 Posts.
    lightbulb Created with Sketch. 307

    Interesting point about “management”.

    IMO Good management is based around integrity which is founded on continuous disclosure principles:

    Under Listing Rule 3.1, an entity must disclose all information concerning it that it becomes aware of from any source and of any character, if a reasonable person would expect the information to have a material effect on the price or value of its securities.

    In a similar but hypothetical situation. If official notification was presented to investors that a 25% expansion decision of a plant under construction was yet to be made and that decision was contingent on funding being secured & commodity price recovery at a later date;

    If at the time that statement was made management had knowingly: begun or continued construction of any part of the expanded plant, not obtained suitable funding mechanisms and continued construction with disregard for commodity prices - they have misled investors and put those investors capital at risk.

    All hypothetical of course.

    DYOR IMO



 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
90.5¢
Change
-0.020(2.16%)
Mkt cap ! $2.194B
Open High Low Value Volume
91.0¢ 93.5¢ 89.0¢ $26.09M 28.68M

Buyers (Bids)

No. Vol. Price($)
7 472933 90.0¢
 

Sellers (Offers)

Price($) Vol. No.
90.5¢ 446423 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.