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2.42%

84.5¢ liontown resources limited

ASX Today, page-41217

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dawgfather

9,853 Posts.

5229

01/07/24

15:14

Post #: 74550847
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Originally posted by rookstar: ↑

Why would LTR sell for a loss?

Before you say thats cause the price of the comodity has gone so low, well thats true but LTR doesnt jave to sell at that price, they could very well have a floor price and if it is below they turn off the tap. (Supply)

Why would the offtake partner want that and risk losing the supply chain that LTR provides?

Its a premium product that LTR is aiming to sell.

If LTR doesnt sell the product then the offtake partners wont be able to advance their position in the green energy revolution away from fossil fuels.

Take a look back over the years and see where this company has come from to where it is today, breath taking really.

And here you are convinced that they wont get there, excuse me for laughing right now at what you are preaching.

World governemnts will help too.

I have lost my train of thought now cause i'm laughing so much at your and others posts.

Time to top up again ahead of the great announcement!

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'Why would LTR sell for a loss'

Dunno? Maybe ask some CXO holders for their thoughts on this one.

LTR Price at posting: 88.8¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 84.5¢		Change 0.020(2.42%)		Mkt cap ! $2.049B

Open	High	Low	Value	Volume
82.5¢	86.5¢	81.5¢	$8.511M	10.13M

Buyers (Bids)

No.	Vol.	Price($)
1	12450	84.0¢

Sellers (Offers)

Price($)	Vol.	No.
85.0¢	379873	3

View Market Depth

No.	Vol.	Price($)
1	12450	0.840
3	67533	0.835
5	178552	0.830
10	433804	0.825
16	451531	0.820

Price($)	Vol.	No.
0.850	379873	3
0.855	50000	1
0.860	140311	5
0.865	242024	13
0.870	610897	20

Last trade - 16.10pm 21/10/2024 (20 minute delay)

LTR (ASX) Chart

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