LTR 4.43% $1.30 liontown resources limited

Market participants should not follow blindly both advocates and...

  1. 21,541 Posts.
    lightbulb Created with Sketch. 2005
    Market participants should not follow blindly both advocates and detractors, but should instead weigh the positives and negatives, understand Where We're At and make their decisions accordingly.

    LTR is in better stead than many other lithium developers and junior miners and there is good reason to be positive. That said, one of the frequently cited catalyst for a possible stock re-rate from here is the near path to production. If we think that if the market is efficient enough, this near term outcome is already a known event and therefore one should consider that its current price would have already factored that, i.e if it wasn't for that expectation which cause it to stand out relative to its peers, it would probably have traded below its $3B market cap today, to better align with the bigger downdraft that its peers have experienced.
 
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Last
$1.30
Change
-0.060(4.43%)
Mkt cap ! $3.121B
Open High Low Value Volume
$1.35 $1.35 $1.28 $7.489M 5.680M

Buyers (Bids)

No. Vol. Price($)
14 52790 $1.29
 

Sellers (Offers)

Price($) Vol. No.
$1.30 13791 26
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Last trade - 13.49pm 30/05/2024 (20 minute delay) ?
Last
$1.30
  Change
-0.060 ( 4.29 %)
Open High Low Volume
$1.34 $1.34 $1.28 1806956
Last updated 14.10pm 30/05/2024 ?
LTR (ASX) Chart
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