Hi favre,
I was just minimizing 1ronnie's interested suggestion of delayed rise in lithium prices. Even if it happens as Lowry predicts, that won't affect LTR because they are not selling spod. Current spod prices have risen from bottom levels, yes. That's a fact and it's something positive for lithium miners, including LTR for price and earnings forecasts.
Don't forget that shorters are professionals. At the end of the year and as a collective they make money. They have been doing money from LTR all these months actually. And they have pretty much deeper pockets than us so all we can do is wait and lock the shares in the bottom drawer. Our benefits will come through dividends or through a TO. I don't expect the final selling price to be below 3,00 AUD so I'm not worried about current share price. On the contrary, that saves me money on management fees by my broker.
Cheers,
Hi favre,I was just minimizing 1ronnie's interested suggestion...
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Last
$1.40 |
Change
0.070(5.26%) |
Mkt cap ! $3.394B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.40 | $1.31 | $17.90M | 13.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 257662 | 18 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$1.39 |
Change
0.070 ( 5.25 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.39 | $1.31 | 3329317 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| LTR (ASX) Chart |