LTR
LTR
Bear Case
Pinned straw:
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.
As if the takeover cancellation was not bad enough for shareholders, Liontown also announced a trading halt for additional funding.
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?
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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