Forum Topics LTR LTR Bear Case

Pinned straw:

Added 7 months ago

Big news today on Liontown with the takeover called off due to complications with the transaction.Most likely they are referring to Gina's 20% strategic stake in Liontown.

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As if the takeover cancellation was not bad enough for shareholders, Liontown also announced a trading halt for additional funding.

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Will be interesting to see how the share price reacts once the trading halt is lifted.

Maybe a good time to invest now the takeover uncertainty has been lifted?


Remorhaz
7 months ago

Indeed - not a happy place for LTR at this point in time I would imagine - plus a few separate articles in todays AFR covering this

Albemarle’s Liontown retreat is not your normal deal-gone-sour story


Albemarle walks away from $6.6b Liontown bid


Liontown taps UBS for equity raising as Albemarle walks


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edgescape
7 months ago

Thanks

The low iron in the lithium is what is making me interested and why it is on my watchlist.

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