This is all personal opinion of course and as a non holder of LIT some will see it as a biased opinion however;
Since LIT launched this hostile takeover it has really shone a light on LPD. You dont have to look too far to realise what each of the two companies have and then be baffled by the respective share prices.
Prior to the TO i had never really looked at LIT too closely.
If the TO fails, which i undoubtedly believe it will, then i would expect to see LIT's SP fall at the same time as you see LPD's rise.
This is not intended in any way to be a cross promotional post, Im merely giving "my thoughts" as asked.
If i was holding LIT i would be seriously considering selling however everyones circumstances and reasons for investment, buying, selling & holding are all different.
I can see LPD's SP rising 10 fold in the future (0.015 - 0.15) , I cant say i can see the same thing happening to LIT (0.15 - 1.50). No way.!!!
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Open | High | Low | Value | Volume |
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---|---|---|
30 | 3745791 | 2.1¢ |
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3 | 337626 | 0.022 |
30 | 3745792 | 0.021 |
44 | 7163462 | 0.020 |
13 | 1159824 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 507627 | 1 |
0.022 | 202381 | 1 |
0.023 | 1313751 | 6 |
0.024 | 1575821 | 5 |
0.025 | 1249826 | 5 |
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