love your positive thinking Rob. I agree it will put a floor in the price, however, the share price will go DOWN from here.
It’s not rocket science!!! ALB will be happy to have been well paid for 4%. There will now be no more T/ O from ALB as they are just happy to recoup something.
It is also increasingly unlikely that LTR will ship any Lithium in 2024 as it would be uneconomical for them to do so. LTR is not a dead horse but a slow work in progress.
Still no news on Tony O selling shares which means it is likely he will leave his 57 cent options lapse. That shows a massive no confidence in the stock. ( yes I know he still has a couple of weeks). Interesting time ahead.
News: LTR Albemarle sells stake worth $79.3 mln in Liontown Resources, page-5
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Last
81.0¢ |
Change
-0.015(1.82%) |
Mkt cap ! $1.964B | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 82.0¢ | 77.5¢ | $15.36M | 19.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37388 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 95789 | 12 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |