Australia's largest stock trading and investment forum Australia's #1 stock forum

LEL

Click for more information

0.00%

37.0¢ lithium energy limited

Ann: Sale of Solaroz Lithium Project for A$97 Million, page-171

First 171 Last

Share
Profile

Follow
PirataCzornomaz

2,688 Posts.

546

03/05/24

18:24

Post #: 73657435
Share

Originally posted by spsampah: ↑

What a load of shits!

4-5 times returns for IPO investors eh... Is he stupid or he thinks the market is stupid? The share price has never traded near 80c after the announcement. If he really redeploys all the cash into other junior projects, it's not surprising share price drifts lower to ipo price over the next few years.

I know my vote doesn't mean anything as a tiny shareholder, but if he doesn't say it clearly cash will be returned to shareholders, I am definitely gonna vote "NO!" on the deal.

Expand

All I know is that the market is always right.

LEL Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

There are more pages in this discussion • 124 more messages in this thread...

First 171 Last

Add LEL (ASX) to my watchlist