LTR 2.46% 89.3¢ liontown resources limited

I bought a parcel recently and saw my average buy shoot up. One...

  1. 241 Posts.
    lightbulb Created with Sketch. 91
    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
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
89.3¢
Change
-0.023(2.46%)
Mkt cap ! $2.176B
Open High Low Value Volume
91.5¢ 92.0¢ 89.0¢ $4.496M 4.987M

Buyers (Bids)

No. Vol. Price($)
62 669332 89.0¢
 

Sellers (Offers)

Price($) Vol. No.
89.5¢ 46480 24
View Market Depth
Last trade - 12.01pm 08/07/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.