I tried to explain this yesterday and to me its a very straight forward, but a nasty play. She has tipped Investment houses on the shoulder and they lend their shares to shorting divisions within these investment houses. They set around the table and she "promised" to block ALB buy of $3 and told them, if you short I will buy all the shares up to $3. Once DD is finished for ALB, and the next step is played ALB will retract their offer or I block it. She will stick to that promise as no other investment house will do future business with her if she breaks it. The price will very likely fall and you Mr shorter will make your profit. I Gina will scoop up to what I can at a lower price. To me that is the play. There is no other way you can buy a billion dollars of shares and not push it over $3. This logic is backed up by the fact that the shorters % has increased dramatically over the last few weeks. In the long term, nothing will change, we go mining and the shareprice will fight its way up as soon as we get closer to production and the global LIT market turns. The further play is that if ALB goes home and the price SP hovers around the $2.50 or so, Gina can maker her own take over play for $3.
To make this scheming play blow up in a major way is to have a third player come onto the scene. I am sure that she has sounded out local players such as RIO, FMG and WES, but she has no control over foreign players, such as Tesla, LG, Glencore and others. If one of these comes to the table we are looking at $4+ as you experiencing a short squeeze seldom seen AIMO!!!
- Forums
- ASX - By Stock
- LTR
- LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-2768
-
-
- There are more pages in this discussion • 1,727 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
78.5¢ |
Change
0.060(8.28%) |
Mkt cap ! $1.903B |
Open | High | Low | Value | Volume |
76.5¢ | 79.5¢ | 74.5¢ | $19.01M | 24.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 46043 | 78.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.0¢ | 62337 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 32523 | 0.780 |
5 | 40582 | 0.775 |
8 | 111497 | 0.770 |
2 | 70000 | 0.765 |
6 | 87400 | 0.760 |
Price($) | Vol. | No. |
---|---|---|
0.790 | 62337 | 7 |
0.795 | 85840 | 7 |
0.800 | 242214 | 17 |
0.805 | 51233 | 2 |
0.810 | 99729 | 7 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |