relative newbie to investing but liontown were one of my first investments. Seen it rise four- fold since my initial investment, but only recently started to invest serious money. I’m now balls deep in Ltr and some other speccy stocks around the moora region.
Observations thus far is that Ltr management seem so astute relative to other speccy stocks that I’ve dabbled in. Clear focus, aware of limitations, and enviable experience. The fact that they keep buying, especially in the current market, suggests they know what they have and don’t feel the need to make phoney announcements to budge the share price.
my thoughts on a post card are that they are currently working with a number of potential suitors to assist with an investment decision. There was talk some time back of bhp and rio wanting to join the lithium space, but the market conditions weren’t right.
https://www.ltresources.com.au/sites/default/files/news_file/bhp-joins-rio-keeping-close-watch-lithium-livewire-m.pdf
there has been a material change in the lithium space since that article was written.
other aspects that increase speculation...
the new ceo (ex- bhp) can only add fuel to the fire with talk of a de-merger further stoking the flames. DR also talked about speeding up the dfs, which I assume is to assist a potential purchaser with their investment decision.
it’s all quiet on the western front, however I share the sentiment that now is the time to invest, as patience will ultimately be rewarded.
all opinion and speculation.
New TA/Charting, page-4803
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Last
79.0¢ |
Change
-0.020(2.47%) |
Mkt cap ! $1.915B |
Open | High | Low | Value | Volume |
80.0¢ | 80.0¢ | 77.5¢ | $10.13M | 12.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 365849 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 35511 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 275636 | 0.790 |
3 | 42546 | 0.785 |
13 | 263766 | 0.780 |
15 | 145296 | 0.775 |
34 | 373952 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 92226 | 7 |
0.805 | 15000 | 2 |
0.810 | 47025 | 3 |
0.815 | 70752 | 2 |
0.825 | 11000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
LTR (ASX) Chart |
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