I am surprised how so many use the Lit ETF as any kind of guide.
The fact it is an ETF made up of 40 companies and cash, a mix of Miners, Chemical production, Batteries and tech (Cars / panels) tells you that if they get their weightings wrong then they do not perform well and vice versa.
The Lit ETF does not resemble an individual company or the sector as a whole.
The T10 are around 50% of the weighting with Li Producers weighted a tad over half that.
LTR sits at no. 30 at 0.65% weighting. The highest developer (non producer).
Project execution is what will drive LTR sp over the coming 6-12 months. Better pricing could add some tailwinds also.
Not convinced on charts at this juncture in the mine life cycle personally. Good luck to those using them on a developer moving into production.
I am surprised how so many use the Lit ETF as any kind of...
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.21 |
Change
-0.075(5.84%) |
Mkt cap ! $2.933B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.28 | $1.21 | $13.83M | 11.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 238348 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 125540 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.21 |
Change
-0.075 ( 6.16 %) |
||||
| Open | High | Low | Volume | ||
| $1.27 | $1.27 | $1.21 | 1979003 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| LTR (ASX) Chart |