LTR 3.45% 75.0¢ liontown resources limited

Public companies arent positioned the same as Albo and Swanny...

  1. 542 Posts.
    lightbulb Created with Sketch. 57
    Public companies arent positioned the same as Albo and Swanny 2.0. They cant splash cash around like drunken sailors in an adult establishment trying to buy votes whilst neck deep in debt they created a decade ago...

    I dont think LTR will be absorbing companies or expanding whilst on tenderhooks with their finances now.

    If anything, the next M&A in the WA lithium plays would be former AZS and RDN or ERW, PLS and WC8, MIN and TOR, etc

    WC8 is very very cheap right now, most are tbh, but PLS has already announced P2000 plans to use its cash balance so thats off the cards already.
 
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