Sydney, Feb 26, 2026, 17:01 AEDT — Market closed
- Liontown ended the session at A$1.815, slipping 8.6%. That follows a big jump the day before.
- LG Energy Solution put its 7.5% Liontown stake up for grabs in a discounted block trade
- Attention now turns to shareholder filings and Liontown’s half-year results due March 11.
Shares of Liontown Limited ended Thursday down 8.6% at A$1.815, snapping back from a 9.4% jump the previous session. The stock kicked off at A$1.90, ranged between A$1.78 and A$1.91 through the day. Turnover surged, clocking in around 308.8 million shares, Investing.com data showed.
News broke that South Korea’s LG Energy Solution is unloading its 7.5% stake in Australian lithium player Liontown Resources through an after-hours block trade, a term sheet reviewed by Reuters showed. LG is offering 239.5 million shares priced between A$1.75 and A$1.79 apiece, equating to a minimum of A$419 million ($298 million). The term sheet listed the final price as coming later on Wednesday. That range represents a 9.8% to 11.8% discount from Liontown’s last traded price. LG is Liontown’s third-biggest shareholder, after Gina Rinehart’s Hancock Prospecting and chairman Tim Goyder.
Block trades—big chunks of shares, typically unloaded by institutions—move fast, sometimes all at once, sometimes over a couple of hours. When a seller ditches a strategic position, the deal can establish a fresh reference price.
Liontown closed just barely over the upper limit of its marketed range. Traders, eyeing A$1.75 to A$1.79, drew a tentative boundary ahead of Friday.
Heavy trading points to a lot of shares moving, but so far it’s unclear who picked them up. Should short-term players be on the other side, the stock might remain volatile.
When the buyers are long-only accounts, any overhang from the sale tends to clear out fast. Prices usually edge back toward their earlier levels once talk of the deal subsides.
For Liontown bulls, there’s a real chance that discount just sets the upper limit—rather than marking a floor for the shares. If buyers fail to step up, or if big holders dump more stock, the price could easily slip to the lower end of its range.
At this point, it’s all about the register. Investors are eyeing any substantial-holder filings and keeping tabs on whether trading volumes stay hefty, even once the block has been absorbed.
LG’s term sheet indicated the sale would end its position as a Liontown investor. Markets now await confirmation in official filings—and news on any fresh cornerstone investor.
After the share sale, Liontown’s calendar shows its FY26 half-year results coming up March 11, with the March-quarter numbers due April 30.
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