Aren't you over-stating your position? LTR has come back from frothy pre-DFS valuation to a more reasonable SP. Hence buyers are out there willing to back it at this price.
The DFS is sound but not spectacular and values the company at more than 3.5B. Management just have to execute and prove they can get to next level and beyond.
I recently bought and am in the red, but happy to hold and see.
Why do you think this is a sell?
Aren't you over-stating your position? LTR has come back from...
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 (20min delay)
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Last
98.5¢ |
Change
0.025(2.60%) |
Mkt cap ! $2.388B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | $1.01 | 97.5¢ | $10.26M | 10.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 97045 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.5¢ | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |