Indeed. Just take the short interest chart of LTR for the last 12 months and overlay the LTR share price.
The “natural” share price taking out the short manipulation is somewhere in the 1.20 to 2.00 range at this point.
Once we have some real cost data and improved lithium price out, this should be well above 2.00.
$3 was a takeover offer price 12 months back. We had a capital raising since, so that should be taken into the equation.
If some of the points Anatol is postulating can be confirmed by actual numbers reported by LTR, then indeed $3 is cheap.
Indeed. Just take the short interest chart of LTR for the last...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |