LTR 5.81% 81.0¢ liontown resources limited

It’s “smashed” $0.83, all the way down to $0.81.I recently...

  1. 423 Posts.
    lightbulb Created with Sketch. 1933
    It’s “smashed” $0.83, all the way down to $0.81.

    I recently acknowledged that a PLS prediction of mine had a +/- range 5%, so applying that same rule, $0.83 could just as easily be $0.79.

    I would also note that I didn’t make the $0.83 call; you did. I was commenting on your comment regarding $0.83 versus $0.50.

    All that said, I haven’t tried to call a bottom with LTR, the way I did with PLS, recently. I haven’t done an analysis of where I think the LTR bottom is; I just know that in the long term, the LG debt conversion price of $1.80 will almost assuredly be the midterm bottom for the LTR SP.

    I can’t call $0.81 versus say, $0.79, or even $0.75, but I’m VERY confident that $0.50 is FUD.

    Time will tell.

    Best regards


 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
81.0¢
Change
-0.050(5.81%)
Mkt cap ! $1.964B
Open High Low Value Volume
84.5¢ 84.5¢ 81.0¢ $8.663M 10.54M

Buyers (Bids)

No. Vol. Price($)
67 678312 81.0¢
 

Sellers (Offers)

Price($) Vol. No.
82.0¢ 83450 5
View Market Depth
Last trade - 16.10pm 13/08/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.