LTR 5.33% 71.0¢ liontown resources limited

ASX Today, page-8997

  1. vmp
    13,332 Posts.
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    It used to be that superfund trustees meet to review portfolio once or twice a year. Now meeting every night lol. There’s always the posters scaring others every day and more so now, you can find it in many other stock threads. They’ve been saying Ltr is in orphan since 40 cents, then 60 cents and therefore its sp will sharply fall. However Ltr has been very unique. It didn’t have 1 billion mcap just like many others did during discovery of a mega deposit. Insto and strategic investors are just or about to start to take position. You don’t see Ltr in the major lithium etf in the US whilst peers are in there moons ago. Ltr is unheard of to the vast majority of investors in lithium. Therefor the alternative chart is here in my POV only and make up your mind. Ltr is the Bradbury, very unconventional journey to win. It’s tells the story. Trustees say they’re willing to lose a quarter near/medium term or double it - big tick unanimously. Last July I was modelling a scenario where Ltr will gradually close the pls valuation gap where pls will be $7.3B and Ltr $4.4b in April 2022. But 7 months before April, PLS already hitting the $7.3B mark but Ltr is way, way behind - as always- hence so much upside. Have put Ltr projection at $2.83 in April next year but happy to be a loser if we hit that much earlier. I maintain my prediction Ltr is a prime acquisition target now and go straight to $3 in the event it eventuates. All imo anyways and as I said Ltr is unconventional and catching the wave of the ev disruption. right time, right management, right strategy- mgmgt was not pressured to enter into onerous agreements, that’s very important.

    dyor these are all imo


    here’s my version of chart where Ltr caught the wave of EV disruption just in time. At $4 billion below PLS, Does one really think it have better chance of going back to $1 than rise to $3?



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    Last edited by vmp: 17/09/21
 
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Last
71.0¢
Change
-0.040(5.33%)
Mkt cap ! $1.721B
Open High Low Value Volume
72.5¢ 73.0¢ 71.0¢ $5.786M 8.059M

Buyers (Bids)

No. Vol. Price($)
23 311239 71.0¢
 

Sellers (Offers)

Price($) Vol. No.
71.5¢ 27055 6
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Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
LTR (ASX) Chart
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