LTR 1.50% 98.5¢ liontown resources limited

Holders can only judge and price LTR shares on micro events....

  1. 10,586 Posts.
    lightbulb Created with Sketch. 4322
    Holders can only judge and price LTR shares on micro events. Management and BOD has ticket all the boxes, communicated effectively with the market, completed the mine on time and budget ( Capex was increased for future expansion, spare parts and best of breed equipment)

    What holders can not do is predict macro events, like the severe manipulated drop of spod prices, late last year. If spod prices were anywhere between the $2-3k now the SP forecasts that many had would be very close to reality, IMO.

    For me these SP predictions still hold, the only variable that has moved, is time.

    The upside is that many new comers or the ones with questionable resources in the wrong locations will not come to fruition this decade, this in turn will turbo charge the LIT prices in coming years, propelling the LTR share price. IMO
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
98.5¢
Change
-0.015(1.50%)
Mkt cap ! $2.388B
Open High Low Value Volume
99.5¢ $1.01 98.0¢ $18.70M 18.82M

Buyers (Bids)

No. Vol. Price($)
1 21958 98.5¢
 

Sellers (Offers)

Price($) Vol. No.
99.0¢ 504777 10
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.