LLL 0.00% 50.5¢ leo lithium limited

General Discussion, page-7713

  1. 3,983 Posts.
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    Pretty disgraceful really,

    While Kikker was warning everyone about the dangers of Leo, he sold his Liontown holding.

    Admittedly he did say he'd sold after the event & others could have done the same.

    But where were his warnings Gina had a blocking 19.9% and if ALB withdrew it's bid their share price would crash.
    I didn't see those warnings, just the usual pump pump pump.

    Some posters over there suggested a cap raise might be needed, they were put down very quickly.

    Meanwhile the Financial Review is reporting LTR is looking to raise a minimum of $300m maybe up to $500m.
    What price will that be done at?
    The price no longer has a takeover premium, they were trading at around $1.60 prior to the takeover offer.

    And if their management is so good, why didn't they do this cap raise before ALB withdrew it's bid?
 
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