I'm a bit over the "manipulation" story.
Every decent company on the ASX has also trading and shorters at times. The biggest manipulation has been by the Chinese to drive spod prices so low, with a small amount of incremental high cost material from their own mines and Africa.
The large Spod producers should form an OPEC type set up and starve the Chinese of product for a while!!.
As for management, LTR is not the best there is. PLS is the benchmark - and they have proven to be smarter than LTR as PLS effectively no net debt.
For the person comparing LTR recent movements to MIN - well sorry but there's a little thing called Iron Ore that might just have a bit of an impact on MIN. Iron Ore is on the nose too which is why MIN has been hammered.
LTR is unusually down compared to it's peers - for whatever reason. Let's find out why soon. Maybe Shortman will shed some light in a few days time?.
ASX Today, page-43681
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Last
88.0¢ |
Change
0.140(18.9%) |
Mkt cap ! $2.134B | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 89.5¢ | 77.5¢ | $33.01M | 39.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43866 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 64648 | 5 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |