Brilliant post @vmp
Apart from just "buying several more million at market"Tim has other weapons at his disposal to "reward" the shorters. Things like having his team prepare a "knock your socks off announcement" or better still a series of them. In reality this price drop is irrelevant and will soon be history because LTR is so seriously undervalued that it is just a matter of time before it's true potential is reflected in the share price . In the meantime would it not be poetic justice if one of the following were to happen in the next few days?
1. "Tony we need you and the team to work 24 hours a day if you have to but get the DFS out this Friday the 1st of October or at the latest Monday the 4th.
2. To the company with the pending Buldania assays-
" Guys you will receive a bonus to have your report completed on our assays by Thursday so we can get an announcement out on Friday.
3. Or maybe bring forward the announcement of the finalisation of an off take agreement with a major EV manufacturer or battery maker.
4. How about a JV announcement for the processing plant?
5 Pure speculation but - An announcement confirming forward orders have been placed for heavy equipment and better than expected lead times have been negotiated potentially bringing production forward by several months.
I know it's unlikely any of these things will happen this week but it's a risky business being a shorter with so many good news stories imminent. DYOR
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Last
79.0¢ |
Change
0.010(1.28%) |
Mkt cap ! $1.915B |
Open | High | Low | Value | Volume |
81.0¢ | 82.0¢ | 78.5¢ | $11.44M | 14.36M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 342418 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 102506 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 342418 | 0.790 |
20 | 444603 | 0.785 |
27 | 469145 | 0.780 |
11 | 148488 | 0.775 |
18 | 96768 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.795 | 102506 | 9 |
0.800 | 160126 | 10 |
0.805 | 113260 | 8 |
0.810 | 103219 | 7 |
0.815 | 211349 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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