LIT 4.76% 2.0¢ lithium australia limited

Ann: Notice under section708(A)(5), page-18

  1. sqe
    6,939 Posts.
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    The constant need to pump this stock. Why?

    It hasn't even broken a 5 year downtrend. Why? Because of massive dillution and nothing changing in the bottom line
    https://hotcopper.com.au/data/attachments/3463/3463480-2bcb1932f2a6f02903b4ad4bd98e0a6e.jpg


    The last half yearly had a loss of $10M, the last quarterly burned through $2.2M in cash. This company has a long term history of burning $12-$15M in cash each and every year and nothing has really changed.

    A recent raise at 11c, despite you saying they were cashed up for 2 years!

    Management that are selling down their shares.....evidence provided.

    Mining assets offloaded

    Sileach put to bed

    Envirostream....no EPA license.....still, no council permits.....still


    VSPC .......still plodding along, a PFS that was 2 years past due date


    What else is there? LieNa? A pilot plant that is already behind schedule.














    I enjoy watching the constant merry-go-round. Heck. Australia is in lockdown, but at least we have a circus to entertain!
 
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Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $24.80M
Open High Low Value Volume
2.1¢ 2.2¢ 2.0¢ $40.36K 1.938M

Buyers (Bids)

No. Vol. Price($)
51 7197263 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 418176 1
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
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