LPD 0.00% 0.3¢ lepidico ltd

Ann: Lepidico signs lithium-mica farm-in with Pioneer Resources, page-63

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  1. vmp
    13,550 Posts.
    lightbulb Created with Sketch. 9330
    With LIT shares in free fall, the takeover should now be academic, if not neurotic.

    This Friday, LIT doesn't seem to have any choice but withdraw the takeover and become a good boy, by admitting it can only use LMAx but not own it. Otherwise, it can clutch at straw towards its self-destruct path.

    Even if there is some pain for LPD holders, the sell off today ensures the t/o is finally off.
 
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