No I don't accept that. The fundamentals of LTR and lithium demand don't warrant the rush down of the share price. Reason it went down was 260 million shares were borrowed and sold. Don't need to be a rocket scientist to understand the short term impacts of that. You also don't need to be a rocket scientist to know that those shares HAVE to be bought back and in turn will do the opposite effect to a falling share price. Shorters were so confident of a cap raise and a problems with funding just before LTR slapped them in the face with LG fundung agreement. Since then it's just been pushed down by shorters hoping for a miracle and now the lithium over supply narrative has just slapped them in the balls with CATL announcement. It's really not looking good. All that shirters can do now is borrow more share to keep up the illusion of a bad company but even they will have to do a CATL and realise they have to cut their losses. LTR is primed to take advantage just as the prices will rise. Beautiful to watch.
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Last
83.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.024B |
Open | High | Low | Value | Volume |
84.0¢ | 85.0¢ | 82.0¢ | $10.00M | 11.98M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 108577 | 83.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.5¢ | 53840 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 108577 | 0.830 |
16 | 305827 | 0.825 |
16 | 197810 | 0.820 |
7 | 342979 | 0.815 |
11 | 174828 | 0.810 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 53840 | 6 |
0.840 | 70000 | 2 |
0.845 | 62634 | 3 |
0.850 | 178500 | 8 |
0.855 | 69256 | 5 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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