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0.34%

$1.45 liontown resources limited

Why is the floor at $1.8? cant she just buy more on market

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therevaknight

181 Posts.

25

09/02/24

14:32

Post #: 72326234
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Originally posted by 8horse: ↑

No one knows what Gina's next move will be on LTR.

Here's the transactions after ALB revised their offer to $3/share.
Gina were bought ~109m LTR shares between 3 April 2023 and 31 August 2023;
then more aggressively buying LTR shares: spent ~$985m on acquiring 329m LTR shares at around $3/shares within 5 weeks.

After next Monday, she is allowed to make any offer >= $1.80/share which is 40% discount to her purchase price of the majority holdings.

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Why is the floor at $1.8? cant she just buy more on market

LTR Price at posting: $1.12 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $1.45		Change -0.005(0.34%)		Mkt cap ! $3.503B

Open	High	Low	Value	Volume
$1.47	$1.48	$1.44	$2.412M	1.656M

Buyers (Bids)

No.	Vol.	Price($)
12	87914	$1.45

Sellers (Offers)

Price($)	Vol.	No.
$1.45	8076	14

View Market Depth

No.	Vol.	Price($)
5	14542	1.445
15	224663	1.440
13	75930	1.435
14	128751	1.430
15	489499	1.425

Price($)	Vol.	No.
1.450	54520	26
1.455	38593	10
1.460	43878	14
1.465	59695	6
1.470	172452	7

Last trade - 11.25am 22/05/2024 (20 minute delay)


Last $1.45			Change -0.005 ( 0.71 %)
Open	High		Low	Volume
$1.46	$1.48		$1.44	505384
Last updated 11.45am 22/05/2024 ?

LTR (ASX) Chart

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