I had expected a decent short covering bounce at A$0.875 but unfortunately even though there was an attempt to do so it did not hold. LTR is now below long-term support at A$0.875 which buts LTR into open SPACEX. Unless there is a dramatic reversal in the SC6 price LTR is heading down towards my target of A$0.50. The LTR Board need to make a very clear statement on their strategic direction in this market and soon. They have to acknowledge what is happening and tell shareholders what they are going to do to protect LTR's value. Heads in the sand do not work anymore.
IMO
LTR SP Prediction contest, page-679
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Last
78.8¢ |
Change
-0.038(4.55%) |
Mkt cap ! $1.952B | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 82.0¢ | 78.5¢ | $6.182M | 7.722M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 247835 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 14371 | 5 |
View Market Depth
| Last trade - 11.15am 01/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |