Here you go @sqe. They stopped production due to the Chinese price dropping:
https://www.desertlionenergy.com/news-and-media/news-releases/2018/desert-lion-energy-initiates-strategic-review
Hence why their share price tanked. The plan to self-fund growth didn't work out and they ended up a bit stranded.
Ann: Desert Lion Merger and Entitlements Issue, page-102
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $21.47M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $1.25K | 600K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 168 | 184912748 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 95873833 | 55 |
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| Last trade - 11.26am 17/07/2024 (20 minute delay) ? |
| LPD (ASX) Chart |