LTR 2.45% 83.5¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-4778

  1. 2,032 Posts.
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    @dynofish

    Our shareholder count has gone up to 37,000, and with 300 more holders than last year of 100K shares or more. A significant jump in the amount of holders. If what you say is on the cards, what concerns me is how many recent holders are only in it for a quick profit? Short or mid term traders not really interested in holding long like us. If there are a lot, we could see a fair bit heading into ‘someone’s’ hands like you say. I can’t see those holding a million plus shares parting with any though, unless it‘s a sizeable offer.

    If you mean 40% plus what she already owns, that’s a big ask for a measly $1.20 or $1.50 bid. I know there are now over 30,000 holders with less than 100K shares, but the majority of shares owned are by those holding more than 100K, and I’m fairly sure that 1,300 holding over 100K shares as of 2023 are probably still the same 1,300 now and would probably be holding onto their booty very tightly. I know I am! tongue.pngcool.png

    I think there will be more games yet to be played out here, so I just hope we can hold off the B.S. low ball rubbish.
    GLTAH.
    Last edited by Gajet: 07/10/24
 
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83.5¢
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