There is a lot going on regarding issue of shares. You have this announcement of 7.9M shares issued at 5.3c, You have the recent allocation of 75M @ 5.3c to sophs, you have the current CR of 30M+ potential new shares.
You also have LIND still having $2.3M they can convert to shares at a 9% discount to the VWAP.
So yeah, lots going on. Its a reasonably significant dilution in a short period of time.
IMO, the LIND parcel presents a greater risk given the relative size and discount to market
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Ann: Appendix 2A and notice under section 708(A)(5)(e), page-7
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $16.90M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $11.14K | 1.132M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 6942235 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 297171 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 6942235 | 0.009 |
45 | 16232113 | 0.008 |
15 | 5658268 | 0.007 |
4 | 3200000 | 0.006 |
11 | 7980190 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 297171 | 4 |
0.011 | 1219923 | 13 |
0.012 | 6667867 | 16 |
0.013 | 5477889 | 6 |
0.014 | 720000 | 4 |
Last trade - 15.36pm 14/07/2025 (20 minute delay) ? |
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LIT (ASX) Chart |