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1.55%

95.0¢ liontown resources limited

That's what I call a smart investor without the emotional...

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hektikkk

594 Posts.

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27/10/23

13:19

Post #: 70576707
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Originally posted by Kikker1959: ↑

The sell out by me (99%) was also premeditated that the top at $3 was in and the ALB take over would be rejected. If the overall market conditions for LIT were strong the SP would not have fallen back much. But as we know there is considerable weakness and the fall was unavoidable. While personable I did well by cashing in, I am waiting for a global trend change to buy back in. Perhaps not at previous levels but still with serious dollars. LTR is by far the most undervalued and best LIT stock globally. Not only because it ticks all the tier 1 boxes, it has now also Gina on board with serious money, that I now see as a positive. But also from a global perspective the AUD is at 0.63 USD and as soon as we are producing I expect serious foreign investors to enter. The current AVS play is interesting and we can see the value that is placed on potential resources in WA that are 5 years away from production. Tier 1 location is becoming more valuable by the day.

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That's what I call a smart investor without the emotional attachment to a stock. Well done Kikker. I echo your thoughts and reasoning and am also slowly building a position again.

LTR Price at posting: $1.72 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 95.0¢		Change -0.015(1.55%)		Mkt cap ! $2.303B

Open	High	Low	Value	Volume
98.0¢	$1.01	94.3¢	$14.14M	14.50M

Buyers (Bids)

No.	Vol.	Price($)
8	108494	94.5¢

Sellers (Offers)

Price($)	Vol.	No.
95.0¢	129667	3

View Market Depth

No.	Vol.	Price($)
8	108494	0.945
14	324731	0.940
5	289253	0.935
10	94835	0.930
10	163523	0.925

Price($)	Vol.	No.
0.950	76757	2
0.955	99671	5
0.960	100010	2
0.965	51510	2
0.970	10000	1

Last trade - 16.10pm 29/07/2024 (20 minute delay)

LTR (ASX) Chart