Liontown short sellers cash in after Rinehart wins takeover war
Joshua PeachMarkets reporterNov 6, 2023 – 5.00amAs the dust finally settles around Liontown’s now-defunct $6.6 billion buyout bid from global materials giant Albemarle, the extent of the mammoth short play orchestrated against the backdrop of Gina Rinehart’s raid on the lithium hopeful is emerging.
Liontown is a familiar name to Australian short sellers, who set up positions to profit when a stock falls.
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Last
94.5¢ |
Change
0.045(5.00%) |
Mkt cap ! $2.291B | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 95.5¢ | 90.0¢ | $12.70M | 13.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 116447 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 33526 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |