Got an email from the company saying they are going to build a 200mwh factory.This seems to be a significant departure from their earlier business model where they wanted to produce a "demo" facility to show how existing battery manufacturers can re-tool their facility to produce LIS batteries..Sounds like business not going to plan and a bottomless money hole is in store. Not surprised if market doesn't like this.
Ann: 2023 AGM - Chair's Statement and CEO Presentation, page-7
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Last
18.0¢ |
Change
-0.020(10.0%) |
Mkt cap ! $115.2M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 22.0¢ | 17.5¢ | $330.6K | 1.705M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 29536 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 55000 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| LIS (ASX) Chart |