LTR 1.61% $1.38 liontown resources limited

ASX Today, page-23988

  1. 1,717 Posts.
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    I haven’t posted for a while, hope everyone’s doing fine.

    Lot’s of comments in regards to share price, shorters, day traders, peer comparisons, market dynamics etc etc. all valid and solid commentary.

    Personally I think the big picture is we are in an accumulation period, which I understand is very simplistic but LTR is in an awesome position and very hard to fault especially at the current sp.

    The last thing funds want is for sp to run before they get their fill, no they will churn it for a couple of years slowly grabbing retail shares, lending shares to shorts to help keep sp down while they accumulate.

    Of course sp will spike at times and indeed trading range will no doubt rise but they will do what they can do hold it back.

    It may be we gets some big news which I think is likely in regards to processing that will blow the lid off.

    LTR is a $5 stock any day of the week at a minimum when production starts.



    https://hotcopper.com.au/data/attachments/4682/4682043-7484ac4d3a6e39f9b965bdc7e7427acf.jpg


    Have a great weekend people.
 
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Last
$1.38
Change
-0.023(1.61%)
Mkt cap ! $3.333B
Open High Low Value Volume
$1.40 $1.43 $1.36 $7.397M 5.324M

Buyers (Bids)

No. Vol. Price($)
53 91069 $1.38
 

Sellers (Offers)

Price($) Vol. No.
$1.38 53283 26
View Market Depth
Last trade - 14.08pm 13/05/2024 (20 minute delay) ?
Last
$1.37
  Change
-0.023 ( 2.77 %)
Open High Low Volume
$1.40 $1.43 $1.37 1706549
Last updated 14.27pm 13/05/2024 ?
LTR (ASX) Chart
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