LTR 3.26% 71.3¢ liontown resources limited

Why is the SP falling?

  1. 3,619 Posts.
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    On Dec 2, LTR released, via the ASX, the PFS on KV.

    The SP promptly slumped - from an intraday high of near 10c to about 8c now. This is about 20%! (Numerologists will note that this is the same figure that Lithium prices have dropped this year and ponder a possible mythical connection).

    This poses a couple of questions -

    1. Why has the SP declined such a large amount since the release of the PFS 3 weeks ago?

    2. Will this decline continue, and for how long?

 
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