Reread the announcement. Its $2M cash...not $3M.
And yes $12+$2 = $14, which will be gone in about 12 months time.
The current SP is back to where it was when Global X LIT ETF dumped there Lithium Australia holdings back in 2019
Ann: GLN: GLN Moves to 100% Ownership of Greenbushes Sth Project, page-5
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.59M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $16.09K | 1.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3877128 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 146504 | 2 |
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| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| LIT (ASX) Chart |