LTR 2.16% 90.5¢ liontown resources limited

FA & General Banter, page-20539

  1. 241 Posts.
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    I bought a parcel recently and saw my average buy shoot up.

    One thing I keep thinking about though is

    The current price is *only* 12% above the $2.50 offer from ALB.

    Thinking about this logically though, ALB (a shareholder profit driven business) isn't going to offer us fair price, they're going to offer unders in an attempt to realise value. And I can't remember the exact wording I have seen (so apologies if I have this wrong), but this offer was seemed to be decisively shot down by the LTR crew.

    We're 3 months of amazing progress on from this 'low ball' offer, and we're still *only* 12% above the price. I'm fine with my average buy price shooting up, cos this has a while to run yet !



    All imo, DYOR
 
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