LTR 1.17% 84.5¢ liontown resources limited

Aus super is the highest shareholder in SYR.asxif they are happy...

  1. 546 Posts.
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    Aus super is the highest shareholder in SYR.asx
    if they are happy to invest in that they will invest in any anything... risk clearly isn't a problem for them

    before people jump on me for bashing SYR, for transparency I held SYR for a very long time(actually purchased before LTR so yes that long) thinking like many that BAM would be the saviour and cash cow. CR after CR after CR and was lucky enough to buy my way out at 18c during covid and cashed out at close to $2 (so actually made money on it). it has a lot of potential but the plant is to large/complex and costly to run and graphite is a hard game with low margin, I wish holders in all stocks all the best as don't wish anyone investing ill will but there is a lot of burnt people in that one.

    now back to LTR.
    It would be great to see a few super funds starting to take positions in not just LTR but the lithium space in general. if you are taking a long term view which they should be, purchasing at a low in the cycle would surely be rewarding for members down the line.
    Last edited by rallyman: cant spell... 11/07/24
 
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