I don't think the market knows anything except the fact that LI prices are rock bottom and could drop a further 10/20%.
Other stocks were also smashed like GL1 and MIN and they are totally different companys than LTR.
However, there is a building speculation around LTR entering C&M and announcing to market, this could have entered as a discussion topic at board level and probably have contemplated it.....perhaps even crunching the numbers as we speak.....
There are a number of share holders on this forum that are long term holders and have purchased sizable parcels well under 10c and view LTR as a long term investment. As a former holder, I do still believe that one day LTR will pay handsome dividends and I'll probably buy back in when I see the LI price reverse.
This is all in my opinion.
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Last
83.5¢ |
Change
0.020(2.45%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 85.0¢ | 81.5¢ | $9.483M | 11.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31655 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 60687 | 8 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |