It was a great post mate and very relevant, I’ve noticed this LTR group have some very precious specimens.
anyway, the 4% held by ABL, which is $120mil is planned to be sold. They are cutting their losses on the takeover, so absolutely there will be a drop off while those shares are absorbed back into the market.
also, Australiansuper announced they are snapping up lithium plays on this low end of the price cycle, they now hold over 6% Pilbara minerals and has a total on 1 billion invested in lithium plays. All Australian.
you’d think LTR will be on their radar, so the drop might not be serve if they are buying into the sell off. Plus Gina would surely be averaging down
It was a great post mate and very relevant, I’ve noticed this...
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Last
74.0¢ |
Change
-0.030(3.90%) |
Mkt cap ! $1.794B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 73.5¢ | $12.03M | 16.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 339920 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 109036 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |