LTR 5.18% 91.5¢ liontown resources limited

I'm optimistic about LTR but moderate and I don't give thumbs up...

  1. 329 Posts.
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    I'm optimistic about LTR but moderate and I don't give thumbs up to hyperoptimistic posts. I haven't participated in shareprice forecast contests. But I have a background in Geology so I can understand what LTR says about minerals and mining. And my understanding is that this company will be valued higher in 1-2 years once production has reach nameplate capacity. Obviously I can be wrong, specially because market price is not only driven by fundamentals but also by stock manipulation (something Gina seems to have done before with other companies). So at the end I may not earn as much as I'd like, but I don't need the money now so I will sit patiently for revenues (either dividends or selling my shares).

    Each of us may have a different perception of the European EV market. But no one can neglect numbers if they come from trusted sources:

    https://alternative-fuels-observatory.ec.europa.eu/general-information/news/100-electric-vehicles-12-new-car-sales-europe-january

    https://www.acea.auto/pc-registrations/new-car-registrations-13-7-in-april-2024-battery-electric-11-9-market-share/
    From this last link:
    Last April, battery-electric cars maintained nearly 12% of the EU car market, while hybrid-electrics rose to 29.1% from 24.9%. The combined share of petrol and diesel vehicles dropped to less than half the market, at 48.9%, down from 52.8%.



 
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Last
91.5¢
Change
-0.050(5.18%)
Mkt cap ! $2.218B
Open High Low Value Volume
96.0¢ 96.5¢ 91.3¢ $11.73M 12.49M

Buyers (Bids)

No. Vol. Price($)
11 207368 91.5¢
 

Sellers (Offers)

Price($) Vol. No.
92.0¢ 15000 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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