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5.18%

91.5¢ liontown resources limited

yep daisy everything is looking very interesting..the goal posts...

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Northen_munky

9,865 Posts.

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22/04/23

12:16

Post #: 67408312
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Originally posted by DaisyA: ↑

and I would say that ALB was well aware that this was coming and that it will destroy approx 50% of their business (and that of SQM) by 2030, and hence the tanking of their share prices in the USA today. In other words and IMO ALB has to buy LTR if it wants to survive in the long term as the largest lithium miner in the world as there are no other options for it, noting that SQM owns 50% of Mt Holland. I also suspect that ALB made their offers to LTR fearing this move in Chile and also well aware of the rate they are eroding their Greenbushes resource. LTR (Kathleen Valley) as the largest independent still yet to be mined hard rock resource in the world (noting that Mt Holland is slightly bigger but jointly owned) just got even more desirable and valuable. IMO ALB will have to make another greatly increased offer, if not them, then someone else will.

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yep daisy everything is looking very interesting..

the goal posts have moved considerably...ALB have now got to make a realistic genuine move for LTR...

I think The danger for ALB is other buyers could come out of the woodwork and the Sp will rocket...

Maybe the want has now become the Need and must have ...

Laters...

LTR Price at posting: $2.72 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 91.5¢		Change -0.050(5.18%)		Mkt cap ! $2.218B

Open	High	Low	Value	Volume
96.0¢	96.5¢	91.3¢	$11.73M	12.49M

Buyers (Bids)

No.	Vol.	Price($)
11	207368	91.5¢

Sellers (Offers)

Price($)	Vol.	No.
92.0¢	15000	1

View Market Depth

No.	Vol.	Price($)
11	207368	0.915
18	575658	0.910
16	234766	0.905
58	579288	0.900
8	134835	0.895

Price($)	Vol.	No.
0.920	15000	1
0.925	11276	1
0.930	85437	3
0.935	20000	1
0.940	20000	1

Last trade - 16.10pm 25/07/2024 (20 minute delay)

LTR (ASX) Chart