Considering Half of Ltr shorts ie 130m were built after the share price dropped to 94 cents since end of January
I’m not ruling out a strategic move to suppress it for a takeover especially it’s commencing production at a valuation of 1/4 of closest peer - this MO has been subtly employed consistently in M&A
We know Ltr is now derisked and KV is the best lithium mine and therefore at any time remains as the most attractive tier 1 target. They also have Buldania as a freebie in a takeover
I’m not expecting Gina to request a seat on the Board btw otherwise she would have done it. She’s here for a big catch.
Since greenbushes is depleting fast, Alb may even rethink working with Gina; alternatively she can extend her partnership with SQM or Rio to take us.
I could be wrong it’s anyone’s guess
All imo
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Last
94.0¢ |
Change
0.025(2.73%) |
Mkt cap ! $2.218B | |||
| Open | High | Low | Value | Volume |
| 92.5¢ | 95.0¢ | 91.0¢ | $4.537M | 4.881M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 72252 | 94.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 156774 | 26 |
View Market Depth
| Last trade - 11.59am 31/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |