LTR 1.14% 86.5¢ liontown resources limited

With Rio Tinto’s recent acquisition of Arcadiam, I would’ve...

  1. 696 Posts.
    lightbulb Created with Sketch. 242
    With Rio Tinto’s recent acquisition of Arcadiam, I would’ve thought Liontown is at least 50% undervalued right now, at minimum. Arcadiam buyout highlights the growing demand for lithium assets, and Liontown, with its massive Kathleen Valley project, should be trading much higher given its high-grade reserves. The lithium market is turning , and Rio’s strategic move shows they’re keen to secure critical resources. Based on that, Liontown’s current valuation seems like a significant underestimation of its true potential, especially as larger players continue snapping up assets in the space.
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
86.5¢
Change
-0.010(1.14%)
Mkt cap ! $2.061B
Open High Low Value Volume
85.0¢ 87.0¢ 83.5¢ $7.990M 9.394M

Buyers (Bids)

No. Vol. Price($)
24 138634 86.0¢
 

Sellers (Offers)

Price($) Vol. No.
86.5¢ 34679 10
View Market Depth
Last trade - 14.30pm 13/11/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.