LTR 2.63% 19.5¢ liontown resources limited

Lithium Related Media Articles, page-57

  1. 5,235 Posts.
    lightbulb Created with Sketch. 5707
    If it's true that GXY is buying LTR shares on market we should be able to see it on Top 20 soon if not a substantial holder anns is received. We will wait and see.

    But that would tell me that GXY has already approached to LTR management but their unofficial offer or even negotiation offer have been refused. Then they might start buying on market while LTR didn't have to announce anything to the market as nothing has been negotiated. In any case Tim Goyder and affiliates have more than 20% of the company which would block any hostile offer together with our shareholders' supporting shares.

    However I think GXY would be happy to remain as a substantial holder, as I think GXY also would accept that some bigger guys would be in the que to buy this great resource. Then GXY would make some big money or a partner with the new holder if LTR sells it.

    We are only speculating here but anything can happen
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Mkt cap ! $327.6M
Open High Low Value Volume
19.0¢ 20.0¢ 19.0¢ $1.411M 7.274M

Buyers (Bids)

No. Vol. Price($)
3 234151 19.0¢

Sellers (Offers)

Price($) Vol. No.
19.5¢ 362498 3
View Market Depth
Last trade - 16.10pm 18/09/2020 (20 minute delay) ?
0.005 ( 6.21 %)
Open High Low Volume
19.5¢ 20.0¢ 19.0¢ 3437044
Last updated 15.55pm 18/09/2020 (live) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.