The biggest thing is that a lot of retail holders don't know when to sit on their hands.
I bought $1/2m LTR higher than we are, with a 5 year view. I should have waited until we had well and truly bottomed, but after close to 20 years in this game, I kind of picked what I thought was a winner, and have sat on it since. Got a bit lazy.
You also need to know when to sell.
I've done ok over the years picking when to do both ...
I had over 1.8m shares in CXO selling most over the $1 mark. The best a 300K lot at $1.48. The majority I bought under 4c.
Holders - now is (probably, I could be wrong) the time to sit on your hands again, despite the repetitive postings of the snoozers here. China will basically ostracize itself, then where will it be?
They don't have what they need in terms of supply for more than a year, unless they somehow scrape a few barrels of supply together).
I'm confident (And I may well be wrong) that most holders here believe as I do, there are smoke and mirrors at play.
Maybe it will take a year or less, or more, to see how much of a bluff the Chinese are playing, but I back my hand here with LTR.
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Last
65.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.591B |
Open | High | Low | Value | Volume |
65.0¢ | 66.5¢ | 63.0¢ | $4.280M | 6.557M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14004 | 65.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
66.0¢ | 252083 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14004 | 0.655 |
8 | 134641 | 0.650 |
5 | 176823 | 0.645 |
8 | 193573 | 0.640 |
5 | 140000 | 0.635 |
Price($) | Vol. | No. |
---|---|---|
0.660 | 252083 | 11 |
0.665 | 240114 | 12 |
0.670 | 97054 | 6 |
0.675 | 115948 | 7 |
0.680 | 206639 | 15 |
Last trade - 16.16pm 23/06/2025 (20 minute delay) ? |
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LTR (ASX) Chart |