The directors from the KDR days had no interest in developing the resource and flogged it to fund lifestyle... imo, shortsighted maybe but everyones situation is different.
We have top tier directors in LTR who are driven and where money is not the be all and end all. Yes, they are in the game to make money but also to leave a legacy.
Tim could sell up up and live in luxury, so what is the end game you ask? LTR will be the FMG of lithium the not too distant future and that is the legacy that the LTR board will deliver.
I would be very surprised if LTR is for sale at any price given the driven nature of Tim and Tony.
Like Tony said "I didn't come onboard LTR to flog it" or words to that effect.
Im sure there will multiple offers, some we will know about other not. I look forward to the next 18 mths.
Lifechanging Tier1 Resource
FA & General Banter, page-20433
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Last
79.0¢ |
Change
0.065(8.97%) |
Mkt cap ! $1.903B | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 79.5¢ | 74.5¢ | $15.02M | 19.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 44612 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 481437 | 32 |
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| LTR (ASX) Chart |